Registration cancellation for non filing of annual returns applies to composition taxpayers after a three-month delay in filing. For composition scheme taxpayers, registration is liable to be cancelled if the financial year return is not furnished beyond three months from its due ... Summary
Registration cancellation for non filing of annual returns applies to composition taxpayers after a three-month delay in filing.
For composition scheme taxpayers, registration is liable to be cancelled if the financial year return is not furnished beyond three months from its due date; for other registrants, cancellation will be triggered where returns remain unfurnished for such continuous tax period as may be prescribed, replacing the fixed six-month period.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.