TMI Blogreturn not filed within due dateX X X X Extracts X X X X X X X X Extracts X X X X ..... IF AN INDIVIDUAL LIABLE FOR AUDIT UNDER SECTION 44AB DOES NOT FILES RETURNS WITHIN THE PRESCRIBED TIME LIMIT i.e. 30THY SEPTEMBER WHAT CAN BE THE CONSEQUENCES?? HE WILL BE LIABLE FOR PENALTY OR HE CAN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... FILE RETURN IN SEC 139(4)? PLEASE EXPLAIN IN DETAIL ALON WITH SECTION CLARIFICATION - Reply By GOPALJI AGRAWAL - The Reply = Since filing of Tax Audit Report is not required in e filing hence pen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alty u/s 271B can not be levied provided the accounts are get audited before the due date. - return not filed within due date - Query Started By: - kinjal goyal Dated:- 12-4-2011 Income Tax - Got 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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