A New Route of Tax Knowledge
Penalties
If any person who is required to comply with section 44AB fails to get his accounts audited in respect of any year or years as required under section 44AB or furnish such report as required under section 44AB, the Assessing Officer may impose …
If any person who is required to comply with section 44AB fails to get his accounts audited in respect of any year or years as required under section 44AB or furnish such report as required under section 44AB, the Assessing Officer may impose …
If any person who is required to comply with section 44AB fails to get his accounts audited in respect of any year or years as required under section 44AB or furnish such report as required under section 44AB, the Assessing Officer may impose …
If any person who is required to comply with section 44AB fails to get his accounts audited in respect of any year or years as required under section 44AB or furnish such report as required under section 44AB, the Assessing Officer may impose …
If their is genuine reason for delay or non-filing of audit report, then as per section 273B of the Income Tax Act, no penalty shall be imposed if reasonable cause for such failure is proved.
Advance tax payments have to be made in installments on or before the due dates as provided by the department.
If payment of TDS is not made in the specified time or/and return filing of TDS is not complete before the due date then the Income Tax act imposed interest and penalties for the default made by the deductor.
For every assessment year, the last date for filing your Income Tax Return is 31st July for the non-audited assessee, and for the audited assessee, the last date is 31st October (Unless Extended). Still, if you are not able to …