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Please Help: LATE AUDIT & ITR

Posted Date : 24-Mar-2014 , 05:52:23 pm | Posted By: Puneet Garg

Category : Income Tax | Answers : 0| Comments : 0| Hits: 165

An assessee has approached me whose partnership firm had sales of Rs.400 lacs in FY 2012-13. Neither ITR has been filed for Partnership Firm and nor it has been audited. Now what are the remedies available with him so that minimum penalties are levied on firm? Whether Online audit reports can be submitted now?

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