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Q.

How much is the penalty for not maintaining books of account properly in sales tax department?

Tags: money, sales tax, law & legal
Asked by rajkumarrajput, 15 Mar '11 10:14 pm
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Answers (2)

1.

Ppl just get away by bribing st ppl. look at most black marketers, businessmen,
Answered by shyamvanwari, 15 Mar '11 10:31 pm

 
  
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2.

Penalty for non-maintaining books of accounts:

=Profit and loss cannot be calculated.
=During audit declared results can be rejected resulting in furter tax liability.
=Penalty can be imposed.
=Books of accounts to be maintained by a compnay.
Answered by RAWAT, 15 Mar '11 10:17 pm

 
  
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