07 August 2010
Write a letter to your assessing officer requesting him to waive the penalty mentioning the reasons of mistake. If he is satisfied he may waive the penalty. The decision is upon assessing officer.
07 August 2010
There is no legal remedy available in your case, however you can still write to the AO regarding the genuineness of your mistake & the final decision solely lies on his discretion.
07 August 2010
Pl avail the opportunity to appear in person before the Income tax Officer ,who issued notice, as per section 272B (3), explain the inadvertent mistake and seek wavier.
09 August 2010
There is no remedy available in your case. you can do only one thing you can write to your assessing officer for waiver mentioning reasons if he is satisfied then he may waive the penalty.All depends on his discretion