24 December 2024
Respected Sir/ Ma'am We recently received a notice under our client's TAN, stating a demand has been raised due to the associated PAN being marked as inoperative. In the Demand Notice received, all the employees mentioned in the list have the Total Taxable Income below Rs. 5,00,000/- in the previous Financial Year i.e., 2023-24.
So, here at this point we seek your guidance that what if we remove the entries of those employees from previous year. Will the demand be removed or it would still be standing payable?
I would greatly appreciate if you could provide insights or share the experience in dealing with a similar issue. Your guidance on the procedural and legal aspects would be extremely helpful.