NOTICE FOR CORRCTION STAT.

JMD (STUDENT) (563 Points)

09 March 2011  

Frnz, I got a notice to revise the return o/a NO PAN or Invalid PAN, Now problem is there is one firm which is included in all qtrs and we didn't mention the PAN No. Now the firm has been closed and no contact person is in our knowledge, Hence we are enable to get its PAN No. Notice has mentioned to charges penalty of Rs 15k, what should i do as the due date has already been elapsed.

Please guide me if there is any way to avoid the panelty and to comply with Sec 139A under which the notice is issued.