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Hi. I want to inquire about the late fee and date for submission of annual returns(Form 27). What is the penalty for late submission. Plz revert ASAP.
From India, Ghaziabad
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The date of submission of the Annual Return in Form 27 is on or before the 10th of January each year. This is in accordance with the amendment made in 2012. There is no penalty for late submission.

As per the 2012 amendment, you are required to submit the annual return electronically. Additionally, you must submit the monthly return in Form 27A on or before the 10th of each month for the preceding month.

Thank you.

From India, Mumbai
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