25 June 2013
Due to some unavoidable circumstances, I could not submit my IT return for the financial year 2009-2010. In that year, supplier had deducted a TCS of Rs. 35,000/- on supp;y of 35,00,000/-. Now I have received a notice from Income tax officer asking me explanation for the same.Of course, it was my default and negligence. But sir, how should I explain now ?