I wanted to know that whether the increased penalty of 20000/- on late filing of service tax returns will be applicable for the period of 01.10.2010 to 31.03.2011, as the rule came in effect as on 1st April 2011.
I have a return due for 2010-11 2nd half (Sep-Mar), Return is Nil, what will be the amount of penalty if deposit it as on 12.01.2012. Kindly reply..
CAclubindia
