{"id":16693,"date":"2023-08-30T05:37:49","date_gmt":"2023-08-30T05:37:49","guid":{"rendered":"https:\/\/vibrantfinserv.com\/kb\/?p=16693"},"modified":"2024-04-23T11:13:54","modified_gmt":"2024-04-23T11:13:54","slug":"penalty-of-late-filing-for-statutory","status":"publish","type":"post","link":"https:\/\/vibrantfinserv.com\/kb\/penalty-of-late-filing-for-statutory\/","title":{"rendered":"Are there any penalty of late filing for Statutory Audit Penalty for Printing Services?"},"content":{"rendered":"<h2 style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18 alignleft\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png\" alt=\"\" width=\"107\" height=\"51\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ-300x143.png 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/05\/Logo-Vibrant-FinServ.png 482w\" sizes=\"auto, (max-width: 107px) 100vw, 107px\" \/>Penalty of Late Filing for Statutory<\/h2>\n<h2 style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/08\/statutory-audit-shown-on-photo-260nw-2139154281.jpg\" alt=\"Statutory Audit Penalty for Printing Services\" width=\"203\" height=\"115\" \/><\/h2>\n<p>&nbsp;<\/p>\n<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Yes, there are penalties for late filing of statutory audit for printing services. The penalty depends on the amount of time the audit is late.\\r\\n\\r\\nIf the audit is filed after the due date but within 30 days, the penalty is \u20b9500 per day.\\r\\nIf the audit is filed after 30 days but within 60 days, the penalty is \u20b91000 per day.\\r\\nIf the audit is filed after 60 days, the penalty is \u20b92000 per day.\\r\\nIn addition to the daily penalties, there is also a maximum penalty of \u20b950,000.\\r\\n\\r\\nThe penalties are imposed by the Income Tax Department and can be enforced through legal action.&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:{&quot;1&quot;:2,&quot;2&quot;:0}},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\">Yes, there are penalties for late filing of Statutory Audit Penalty for Printing Services. The penalty depends on the amount of time the audit is late.<\/span><\/p>\n<ul>\n<li>If the audit is filed after the due date but within 30 days, the penalty is \u20b9500 per day.<\/li>\n<li>If the audit is filed after 30 days but within 60 days, the penalty is \u20b91000 per day.<\/li>\n<li>If the audit is filed after 60 days, the penalty is \u20b92000 per day.<\/li>\n<li>In addition to the daily penalties, there is also a maximum penalty of \u20b950,000.<\/li>\n<\/ul>\n<p>The penalties are imposed by the Income Tax Department and can be enforced through legal action.<\/p>\n<p><strong>To visit: <a class=\"in-cell-link\" href=\"https:\/\/www.mca.gov.in\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.mca.gov.in\/<\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-15437 aligncenter\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/08\/Statutory-Audit-for-Artists-300x250.jpg\" alt=\"\" width=\"206\" height=\"172\" srcset=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/08\/Statutory-Audit-for-Artists-300x250.jpg 300w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/08\/Statutory-Audit-for-Artists-660x550.jpg 660w, https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/08\/Statutory-Audit-for-Artists.jpg 759w\" sizes=\"auto, (max-width: 206px) 100vw, 206px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><strong>For further details access our website: <a class=\"in-cell-link\" href=\"https:\/\/vibrantfinserv.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/vibrantfinserv.com<br \/>\n<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Penalty of Late Filing for Statutory &nbsp; Yes, there are penalties for late filing of Statutory Audit Penalty for Printing Services. The penalty depends on the amount of time the audit is late. If the audit is filed after the due date but within 30 days, the penalty is \u20b9500 per day. If the audit\u2026 <span class=\"read-more\"><a href=\"https:\/\/vibrantfinserv.com\/kb\/penalty-of-late-filing-for-statutory\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":15378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2459],"tags":[3510,3511,3512],"class_list":["post-16693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-statutory-audit","tag-auditpresspanic","tag-lateinkdisclosure","tag-printauditpenalties"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Penalty of Late Filing for Statutory\/ VibrantFinserv-<\/title>\n<meta name=\"description\" content=\"YYes, there are penalties for late filing of Statutory Audit Penalty for Printing Services. 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