WebApr 12, 2024 · Even the CBDT has decided to impose no penalty under Section 271C of the Income Tax Act for non-deduction of TDS, and no penalty is contemplated under Section 271C for delayed remittance, payment, or deposit of the TDS. The court stated, asserting the CBDT’s Circular No. 551 dated January 23, 1998. The assessee was not required to pay … WebNov 25, 2024 · However, as the provision of section 52(TCS) is applicable from 01st October 2024 only, the E-commerce operators are not required to file GSTR-9B for the year 2024 …
Ujjwal Kapoor TRPS’ Post - LinkedIn
WebJan 2, 2024 · Thirdly, if late fee is already charged for delayed filing of GSTR-9C, then penalty shall not be imposed for same delay again as per Principles of Natural Justice. … WebNov 15, 2024 · We calculate the Failure to File Penalty in this way: The Failure to File Penalty is 5% of the unpaid taxes for each month or part of a month that a tax return is late. The … schaphorst
FSSAI License for Food Trucks: All You Need to Know
WebApr 15, 2024 · Penalties for Non-Compliance. It is important for food truck owners to obtain the food license and comply with the necessary standards to ensure the safety of their customers. Non-compliance with the FSSAI rules and regulations can result in penalties and fines, which can range from Rs. 25,000 to Rs. 10 lakhs. WebApr 13, 2024 · Non-filing or delayed or not complying with the due date of filing Form 61 A (statements of financial transactions) can attract penalties under Section 271FA of the Income Tax Act, 1961. The penalty for non-filing or delayed filing of this form is Rs. 500 per day of default. However, the penalty amount cannot exceed the amount of the ... WebJan 23, 2024 · return. Filing Form BPT-IN as an annual Business Privilege Tax Return could result in a failure to timely file penalty. An Alabama Schedule AL-CAR, the cor-porate annual report, is not required for an initial return. The preparation of the Form BPT-IN differs from an annual return, as follows: 1. schaphorn