https://www.taxtmi.com/forum/issue?id=4599 The statutory late-filing penalty regime remains applicable to returns filed after prescribed deadlines; a payment-based exemption for service tax on renting of immovable property that waives penalty for the underlying tax when outstanding amounts are paid with interest within the cure period does not relieve taxpayers of the separate obligation to file returns on time. Taxpayers had to disclose the taxable rent amount in returns even if unpaid, and the authority may impose the mandatory late-filing penalty despite the payment-related exemption. en-us Mon, 27 Aug 2012 13:03:27 +0530 Thu, 23 Jan 2025 15:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4599 The statutory late-filing penalty regime remains applicable to returns filed after prescribed deadlines; a payment-based exemption for service tax on renting of immovable property that waives penalty for the underlying tax when outstanding amounts are paid with interest within the cure period does not relieve taxpayers of the separate obligation to file returns on time. Taxpayers had to disclose the taxable rent amount in returns even if unpaid, and the authority may impose the mandatory late-filing penalty despite the payment-related exemption. Discussion-Forum Service Tax Mon, 27 Aug 2012 13:03:27 +0530 https://www.taxtmi.com/forum/issue?id=4599