Dedline of Tax Audit The Dedline of Tax Audit for automobile dealers falls on the 30th of September in the following year. Failure to file this report could result in a penalty of 0.5% of the total sales, turnover, or gross receipts, with a maximum cap of Rs. 1,50,000. It’s important to note that… Read More »
Tax Audit for Diagnostic Centre The penalty for late filing of a Tax Audit for Diagnostic Centre is Rs. 1000 per month, or part of a month, for the delay, up to a maximum of Rs. 5000. The due date for filing the tax audit report is 31st October of the assessment year following the… Read More »
Tax Compliance for Hotels Failing to meet the deadline for submitting a Tax Compliance for Hotels – lodging, motels, and resorts sector comes with its financial repercussions. A late filing incurs a penalty of Rs. 1000 per month or fraction thereof, accumulating up to a cap of Rs. 5000. This is a significant consideration… Read More »
Tax Audit Report for Architecturals The penalty and due date of the tax audit report for Architecturals, Engineering, and Surveying Services in India are as follows: ◘ Due Date: The due date for filing the tax audit reports for businesses providing Architectural, Engineering, and Surveying Services in India is generally September 30th of… Read More »
Tax Audit Report Penalty & Dedline Tax Audit Report Penalty & Dedline, if a freelancer in India has a turnover of more than Rs. 1 crore in a financial year, they are required to get their accounts audited by a chartered accountant. The due date for filing the tax audit report for freelancers is 30th… Read More »