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response of Notice, Income Tax

Issue Id: - 117351
Dated: 15-7-2021
By:- Amit Kumar
response of Notice

  • Contents

Notice received under section 1431a for proposed adjustment for ay. 2013-14, however, reply could not be filed within time limit and proposed adjustment made by department and presently received notice under section 221(1) for penalty. Now the issues is how to comply penalty notice as well process to delete demand raised through proposed adjustment.

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1 Dated: 15-7-2021

You may write to the Authority intimating the reasons for non reply to the notice within time. This may be condoned and the adjustment made by reconsidered. For penalty notice you may write that you have applied to the authority to condone the non filing of reply. The reply to the penalty may be given on the outcome of the representation you make to the Authority.


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