Sections 147 and 271F have both been issued.

This query is : Resolved

Narasimha rao Pothuraju (Querist)
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15 June 2024 Dear Sir,

I received a notice under Section 147 about a year ago for the 2015-2016 fiscal year for not filing my returns, but I did not respond for an entire year. They sent multiple reminders, but I ignored them based on advice from some people.

Meanwhile, I received the latest proceeding under Section 147 with some penalties a month ago, asking me to submit a response.

Yesterday, I received a notice under Section 271F with a penalty of Rs. 5000/-.

My question is, do I need to pay the amount as per the Section 147 proceedings or the Section 271F notice penalty? In the Income Tax outstanding demand section, I see notices with different amounts.

Please advise.

Thank you.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 June 2024 dear Narasimha,

right now there should not be any demand. Just the notice. Only after the order is passed, this demand is crystalized. My suggestion is that you comply with 147 notice and respond to it properly. Otherwise, the AO may pass best judgment assessment.