https://www.taxtmi.com/forum/issue?id=919 Avoidance of the late-filing penalty requires filing the corporate electronic return before the relevant year-end; avoidance of the penalty for failure to furnish a tax audit report requires actual submission of the tax audit report by the prescribed audit-report deadline (mere obtaining of the report is insufficient). If the audit report is not yet submitted, it should be filed with a condonation of delay petition explaining reasonable cause for the short delay, taking account of any regional extensions of the filing deadline. en-us Fri, 03 Oct 2008 15:02:02 +0530 Thu, 23 Jan 2025 15:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=919 Avoidance of the late-filing penalty requires filing the corporate electronic return before the relevant year-end; avoidance of the penalty for failure to furnish a tax audit report requires actual submission of the tax audit report by the prescribed audit-report deadline (mere obtaining of the report is insufficient). If the audit report is not yet submitted, it should be filed with a condonation of delay petition explaining reasonable cause for the short delay, taking account of any regional extensions of the filing deadline. Discussion-Forum Income Tax Fri, 03 Oct 2008 15:02:02 +0530 https://www.taxtmi.com/forum/issue?id=919