11 August 2013
Hi All A salaried persons receives notices u/s 142(1) Case is very simple furnish all the supporting documents like ITR-V, FORM-16,INVESTMENT PROFFS, ETC. to your officer, If you have file your return accurately and you have paid all the taxes there is no worry. BUT Here a case is that every things clear, white income, all documents available. but during the time of filing the return mistakenly Income Tax Return was filied with the Form-16 data which was of a different year. For eg. for A.Y.2011-12, return was filed with the data of A.Y.2010-11. more over this mistake was realized when the notice was receivced.
Q. WHAT ACTION CAN BE TAKEN NOW IN THIS CASE, PLEASE SHARE YOUR EXPERIENCE. Thank you.
11 August 2013
The question may arise about the difference in the income returned and actual income for AY 2011-12. . But the position can be clarified and can be pleaded by stating that there is no willful tax evasion. Still it depends very much upon the AO. When there is not a substantial tax evasion he may order to pay the difference amount of tax with interest. .