Draft response letter to drop penalty proceedings u/s271(1)(c)

Income Tax Officer

Ward –

Name of City

Sir,

Sub: Dropping of Penalty proceedings u/s 271(1)(c) of the Income Tax Act,1961

Ref : Name of Assessee

       PAN: 

       Assessment Year 

 With reference to the above subject we request you, not to impose penalty proceedings as it was an error of omission.

 The Assessee has not offered Type of income of Rs........ /- in his return of Income due to omission since Reason Like: Return of Income has been filed directly through office.

 We request you to drop the penalty proceedings against him u/s 271(1)(c) of the Income Tax Act, 1961 as there was no malafide intention to conceal the income.

Thanking You

Yours faithfully,

Firm Name(who having Power of Attorney)

Chartered Accountants

Name of CA

Proprietor/Partner

Actually assessee agreed on additions which are assessed in 143(3).The said assessement was based on information given by assessee in his return and not from outside sources.What is the reply to be offered in this case to drop penalty u/s 271(1)(c)