Penalty for late filing of return.

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..... What is minimum and maximum penality for late submission of Half yearly return. - Reply By Paramjit - The Reply = Section 77 of Finance Act 2004 provides a general penalty of maximum of Rs.1000/- .....

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..... for any contravention of the Act or Rules for which no separate penalty is provided. - Reply By S Gupta - The Reply = There is no minimum penalty has been prescribed for such fault. Under section 7 .....

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..... 7 (a residual peanlty) applicable to this query prescribes a maximum penalty of Rs. 1,000 of such failure. - Reply By rishi mohan - The Reply = The maximum penalty for late submission of half yearl .....

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..... y return is Rs 1,000/-. If it has not been late for more than a month then the penalty shall be reduced. - Penalty for late filing of return. - Query Started By: - Praveen Aggarwal Dated:- 6-1-2006 .....

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..... Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementi .....

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..... ndia.com - TMI - TaxTMI - TMITax .....

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