02 February 2012
My father has received a notice u/s 272b due to PAN no. wrongly mentioned in ITR for the A.Y.2010-11 and a penalty is being imposed of Rs.10000 Please suggest the remedy for the same the PAN no. by mistake has bee wrongly furnished.Whether we can file revised return and if yes then after filing revised return whether penalty would be waived off????
02 February 2012
Please file a reply stating that it was due and 'inadvertent mistake happened due to typographical error'. No need to revise the income tax return.
02 February 2012
If possible, go and meet IT official, whose name is mentioned in the notice and explain him about error. Handover the reply letter there itself.
02 February 2012
Whehter copy of PAN No. and ITR of AY 2010-11 required to be submitted along with reply.? and whether we can file a reply or CA has to be asked for the same?
02 February 2012
if you wanted format is posting for your convenience :
To Assessing officer, Date -
.
Applicant:- ________________________________
________________________________
_________________________________
Subject: – Reply to Your Office notices under section 272B of Income Tax Act, 1961
Ref: Your Office Letter No………….. Dated …………….
Sir,
I refer to your aforesaid letter dated ……….by which your Honor proposed to levy a penalty of10,000/- for *wrong PAN/No PAN on income Tax Return and would like to submit as under:-
1. That I filed the return of income in your Honours office for the Assessment year ………. On ……………… however due to some mistake I quote the *wrong pan number / Forgot to Quote the PAN on the Return. The correct pan number is as under:
__________________________
2. I hereby request your Honor to kindly accept the correct pan number.
Prayer:-
I would further like to request your Honor to accept the correct pan number and drop the penalty proceeding initiated u/s 272B as there was no malafide intention behind the *wrong quote/ No Quote of PAN.