tax audit

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what is the penal provision for tax audit if filed after last date?
Replies (6)

penality upto 1.5 lakhs or 0.5 of total sales whichever is less 

apart form this interest will charge on tax u cant carry forward

loss if any 

from this year
it will be applicable from next day

whatever applicable i tell u 

what about d date
what about d date
Date extended upto 07 November.

Confirmed on twitter.


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