Tax audit FY 18-19
JITENDRA SINGHVI (SELF EMPLYOED) (211 Points)
28 September 2020
can we file tax audit report of 18-19 now..?
3 Replies
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 28 September 2020
Yes, but there will be consequences upon late filing of tax audit report
JITENDRA SINGHVI
(SELF EMPLYOED)
(211 Points)
Replied 28 September 2020
What consequences likely to be faced apart from late fees..?
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 28 September 2020
Penalty u/s 271B, which u already know. and i guess since tax audit report is not furnished, itr would also not have been submitted... so other consequences would relate to belated/non filing of itr
Recent Topics
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
Related Threads
CAclubindia
