Penalty for late filing of Form 3CA , 3CD for F.Y.2020-21
Maya (Student) (663 Points)
02 March 2022Please kindly let me know about penalty for late filing of form 3ca 3cd for small companies for financial year 2020-21.
Thanks in adv.
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 02 March 2022
The AO may levy a penalty upto Rs. 1,50,000 for non-filing of the tax audit report.