Format of reply to Penalty notice under section 272B for wrong quoting or non-quoting of PAN
- Wednesday, August 31, 2011, 7:30
- Income Tax
- Articles, Featured
Nowadays Income tax department is issuing notice to the under section 272B of Income Tax Act 1961, to the Assessee’s who filed their Income tax Return, but filled wrong PAN or not filled PAN in their Income tax Returns . Under section 272B Assessing office can impose a penalty of Rs. 10,000/- on Assessee for wrong quoting or non-quoting of PAN in Income Tax Return. Now a question arises what should Assessee reply if he filled wrong PAN or failed to file PAN? We are producing below a standard format of reply to the Assessing Officer which Assessee may use if they received any such notice from Income Tax Department.
To Date -
.
Applicant:- ________________________________
________________________________
_________________________________
Subject: – Reply to Your Office notices under section 272B of Income Tax Act, 1961
Ref: Your Office Letter No………….. Dated …………….
Sir,
I refer to your aforesaid letter dated ……….by which your Honor proposed to levy a penalty of Rs. 10,000/- for *wrong PAN/No PAN on income Tax Return and would like to submit as under:-
1. That I filed the return of income in your Honours office for the Assessment year ………. On ……………… however due to some mistake I quote the *wrong pan number / Forgot to Quote the PAN on the Return. The correct pan number is as under:
__________________________
2. I hereby request your Honor to kindly accept the correct pan number.
Prayer:-
I would further like to request your Honor to accept the correct pan number and drop the penalty proceeding initiated u/s 272B as there was no malafide intention behind the *wrong quote/ No Quote of PAN.
Your faithfully
Sd.
(Assessee Name)
* Strikeout whichever is not applicable
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- If Assessee fail to furnish explanation/basis for wrong claims then Penalty may be imposed u/s. 271(1)(c) of the Income Tax Act
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The text is not sufficient and there are lot of grammatical mistakes also. How can you post such articles without going through the appropriateness of such a format.
To
Income Tax Department
Applicant:- Raj Gramodhog Vikas Samiti
Darshan Nagar, Faizabad – 224135
Uttar Pradesh (INDIA)
Subject:- Reply to notices under section 272B of Income Tax Act 1961
Sir,
The above named applicant beg to submit the reply to the above said notice as under:-
1. That the applicant has filed the return of income however due to some mistake quote the wrong pan number. The correct pan number is as under:
AAAAR5799L
&
Acknowledgement No. : 014360100038001
2.That the applicant kindly request you to accept the correct pan number.
Prayer:-
In view of the above the applicant kindly request you to accept the correct pan number and drop the proceeding initiated u/s 272B
Thanking You
Your faithfully
Abhay Raj
Darshan Nagar
Faizabad, 224135
U.P.
INDIA
Ya . You are right. We should be more careful in future, some corrections are made. Plz check the same again and do comment.
I got problem by filing return online. I recieved a notice for not paying the taxes whereas i have income source as salary only. and the account officer of my dept issues a form 16 with informing me about my gross salary and TDS etc. Same i filled online. But the notice says you have to pay tax and interest thereon. What shall I do now.
i have decided not to file E-return.
Dear Sir,
With above said reply was excellent,we should be extra conscious to make the some corrections.