c form

I didn't submit c form in 2010 . is been almost 8 years . do I need to worry for it .

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 26 May 2018

Yes, it can be an area of concern, if you don't issue a C form. You would have to pay Balance amount of Tax to your suppliers along with Statutory Interest and penalty (if imposed at the time of assessment).