Tax audit
This query is : Resolved
08 January 2013
One of my client was in tax audit. But due to ignorance she didn't conducted tax audit for last three years. Now Income Tax Department has issued penalty against her. What is remedy for this situation@
Thanks
Thanks
08 January 2013
Dear Friend.
Ignorance of law is no excuse.
Penalty cannot be avoided.
Asper section 119 CBDT can consider the the request and penalty can reduced.
Ignorance of law is no excuse.
Penalty cannot be avoided.
Asper section 119 CBDT can consider the the request and penalty can reduced.
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