tax audit

rajneesh (self employed) (93 Points)

30 October 2017

what is the penal provision for tax audit if filed after last date?

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6 Replies

(Guest)

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

rajneesh (self employed) (93 Points)
Replied 30 October 2017

from this year
it will be applicable from next day

(Guest)

whatever applicable i tell u

rajneesh (self employed) (93 Points)
Replied 30 October 2017

what about d date

rajneesh (self employed) (93 Points)
Replied 30 October 2017

what about d date

CA Rashmi Gandhi (Chartered Accountant) (86461 Points)
Replied 31 October 2017

Date extended upto 07 November.

Confirmed on twitter.

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