Income tax return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 October 2013 My client has received a letter from income tax department regarding non filing of Income tax return for last three years. Assessee is salaried class and TDS is being deducted on salary every year.

What reason should be given in response to letter since all liability has been paid in form of TDS but assessee has not filed the return.

reply urgently

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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12 October 2013 Immediatly u need to file retun...whatever reason u give mostly it will not be accepted...now u have to bear the consequences.

CA Pallav Singhania

CA Pallav Singhania (Expert)
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12 October 2013 Agree with the Expert,

Non filing of returns attracts penalty as follows Rs. 5000 along with interest U/s 234A,234B and 234C accordingly...

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