Question ID : 41107

Notice recd for Non filing of SFT

The entity has not filed the SFT and now the entity has received the notice to filed the SFT . 1) My question is that what are the consequences of Non Filing of SFT . 2) If the Entity has filied the SFT in reply to the notice is there any way to waive the penalty u/s 271 FA , Please give the advise on this issue.

posted by GOPAL KUMAR AGRAWAL on Jul 27 2021 12:00AM