271(1)(c) and 271F after 147 notice closure proceedings is issued with 0 payable tax

This query is : Resolved

Flower Blossoms (Querist)
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18 April 2024 Hi Sir,

We have been issued 147 notice initially around 2 years back and then last year finally the closure proceedings were initiated with 0 amount tax payable by me. Infact there is a return/ refund available in the closure statement.
After the closure proceedings were initiated there are 271 notices that are being issued but our tax agent suggested to just ignore them as the closure proceedings were initiated and the tax payable is 0. Please suggest if these can be ignored or anything needs to be done as we are getting reminders for the same notices with tight deadlines. Our tax agent mentioned that these are autogenerated emails and can be ignored. Please advice.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 April 2024 please do not ignore the emails. The notice for 271 comes only if the 147 order stated so. And even if there is no tax payable and no penalty is expected, please submit properly drafted response to the notices. Hire a better tax consultant too.