Tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 February 2013 DEAR SIR
I HAVE GET MY BOOKS AUDITED FOR THE YEAR 2011-2012 BY 25 SEPTEMBER 2012 BUT I HAVE NOT FILED MY RETURN YET. CAN I FILE MY RETURN NOW. AS THE DUE DATE WAS 30 SEPTEMBER. IS THERE ANY PENEALTY LEVIABLE ON ME OR NOT.
KINDLY CONFIRM IT.


THANKS & REGARDS

23 February 2013 If the company is under tax audit than you must prove the reasonable cause for not filing the return. Other penalty may be imposed



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