Easy Office
LCI Learning

Wrong pan quoted-penalty to be paid or not ?

This query is : Resolved 

19 December 2011 one of our client has filed income tax return for a.y. 2010-11 in june 11. he received notice from the income tax dept that PAN quoted was invalid. this happned by mistake. he was asked to appear before the INcome tax officer on or before 26/11/2011. he came to me in december 2011 &showed the notice.

is their any way in which penalty could be avoided.

waiting urgenlty for ur reply.

19 December 2011 simply draft a letter stating that wrong PAN was quoted inadvertently and state correct PAN attach copy of PAN card
No penalty is levied generally

CA MANOJ GUPTA
JODHPUR
09828510543

19 December 2011 this notice is issued u/s 272a. you have to write in your submission that there was no intention to quate wrong pan.


Profile Image

Guest

Profile Image

Guest (Expert)
19 December 2011 Just mention that it was a punching mistake which happened erroneously without any malafide intention on the part of assessee.


19 December 2011 Penalty shall not be levied if you have reasonable ground for unintentionally quoted wrong pan no.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query