{"id":17312,"date":"2023-08-30T11:45:20","date_gmt":"2023-08-30T11:45:20","guid":{"rendered":"https:\/\/vibrantfinserv.com\/kb\/?p=17312"},"modified":"2024-04-12T11:14:27","modified_gmt":"2024-04-12T11:14:27","slug":"dedline-of-tax-audit","status":"publish","type":"post","link":"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/","title":{"rendered":"45. What is the penalty and Dedline of Tax Audit report for Automobile Dealers?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/#Dedline_of_Tax_Audit\" >Dedline of Tax Audit<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/#These_excuses_might_include\" >These excuses might include:<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Dedline_of_Tax_Audit\"><\/span><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=\"90\" height=\"43\" 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: 90px) 100vw, 90px\" \/>Dedline of Tax Audit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/08\/74.png\" alt=\"Dedline of Tax Audit\" width=\"270\" height=\"142\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">The Dedline of Tax Audit for automobile dealers falls on the 30th of September in the following year.<\/p>\n<p style=\"text-align: left;\">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.<\/p>\n<p style=\"text-align: left;\">It&#8217;s important to note that reasonable excuses for non-compliance can exempt the taxpayer from this penalty.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"These_excuses_might_include\"><\/span>These excuses might include:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li>Delays caused by natural disasters or calamities.<\/li>\n<li>Delays due to ongoing litigation.<\/li>\n<li>In cases where the tax audit report is submitted after the due date, the taxpayer might also be subject to late fees. As of now, these late fees amount to Rs. 500 per day, up to a maximum of Rs. 10,000.<\/li>\n<\/ol>\n<p><strong>To visit: <a href=\"https:\/\/www.mca.gov.in\/\">https:\/\/www.mca.gov.in\/<\/a><\/strong><\/p>\n<h2><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcSQa79hRqDBiPMaZlPKulve3JR7iPvwc9XStQ&amp;usqp=CAU\" alt=\"Clause 44 of Tax Audit Report Applicability - Form 3CD of GST Disclosures\" \/><\/p>\n<p style=\"text-align: center;\"><strong>For further details access our website: <a href=\"https:\/\/vibrantfinserv.com\">https:\/\/vibrantfinserv.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dedline of Tax Audit &nbsp; 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&#8217;s important to note that\u2026 <span class=\"read-more\"><a href=\"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":17439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[3845,3846,3325],"class_list":["post-17312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-itr-filling","tag-autodealerstaxreport","tag-duedateauditautomobile","tag-taxauditpenalty"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dedline of Tax Audit\/ Article\/ VibrantFinserv-<\/title>\n<meta name=\"description\" content=\"The Dedline of Tax Audit for automobile dealers falls on the 30th of September in the following year.-\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dedline of Tax Audit\/ Article\/ VibrantFinserv-\" \/>\n<meta property=\"og:description\" content=\"The Dedline of Tax Audit for automobile dealers falls on the 30th of September in the following year.-\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/\" \/>\n<meta property=\"og:site_name\" content=\"Knowledge Base | Vibrant Finserv\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-30T11:45:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-12T11:14:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/vibrantfinserv.com\/kb\/wp-content\/uploads\/2023\/08\/74.png\" \/>\n\t<meta property=\"og:image:width\" content=\"310\" \/>\n\t<meta property=\"og:image:height\" content=\"163\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"kbadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"kbadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/dedline-of-tax-audit\/\"},\"author\":{\"name\":\"kbadmin\",\"@id\":\"https:\/\/vibrantfinserv.com\/kb\/#\/schema\/person\/51e4fe2a2fecbd55efb5d87c1afe5345\"},\"headline\":\"45. 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