Tribunal Rules Late Fee Demand Invalid for Unsubmitted Tax Return u/s 70, Rule 7C of Finance Act 1994.

Tribunal Rules Late Fee Demand Invalid for Unsubmitted Tax Return u/s 70, Rule 7C of Finance Act 1994. https://www.taxtmi.com/highlights?id=33693 Recovery of late fee u/s 70 of the FA, 1994 read with Rule 7C of the Rules - late filing of return - appellant had finished filing of he returns upto the stage of ‘Save’ status - electronic-submission thereof was effected - returns had been prepared in the system but, only not submitted, demand cannot be raised - AT en-us Fri, 10 Mar 2017 06:53:08 +0530 Fri, 10 Mar 2017 06:53:08 +0530 TaxTMI RSS Generator Tribunal Rules Late Fee Demand Invalid for Unsubmitted Tax Return u/s 70, Rule 7C of Finance Act 1994. https://www.taxtmi.com/highlights?id=33693 Recovery of late fee u/s 70 of the FA, 1994 read with Rule 7C of the Rules - late filing of return - appellant had finished filing of he returns upto the stage of ‘Save’ status - electronic-submission thereof was effected - returns had been prepared in the system but, only not submitted, demand cannot be raised - AT Highlights Service Tax Fri, 10 Mar 2017 06:53:08 +0530 https://www.taxtmi.com/highlights?id=33693