https://www.taxtmi.com/article/detailed?id=1139 Section 29(8) mandates a fixed penalty for late filing of returns irrespective of tax liability, deposit status or reasons for delay, without providing an opportunity to be heard; this automatic sanction raises concerns under the rule of natural justice and proportionality, particularly where no tax is due, a refund exists, tax was timely paid, or sufficient cause prevented timely filing. en-us Thu, 17 Feb 2011 23:40:15 +0530 Thu, 17 Feb 2011 23:40:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1139 Section 29(8) mandates a fixed penalty for late filing of returns irrespective of tax liability, deposit status or reasons for delay, without providing an opportunity to be heard; this automatic sanction raises concerns under the rule of natural justice and proportionality, particularly where no tax is due, a refund exists, tax was timely paid, or sufficient cause prevented timely filing. Articles Value Added Tax - VAT and CST Thu, 17 Feb 2011 23:40:15 +0530 https://www.taxtmi.com/article/detailed?id=1139