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Dear friends ,
My one client got a notice from I.TAX department regarding non filling of return for the A.Y 2010-11,2011-12,2012-13 and also tds have been deducted u/s 192 for the a.y and I.tax department has generated complinace for the assessee.Under compliance section there are 3 option as beloy.
1- Return under preparation.
2- Business closed
3-Others
Under option 1 if i prepare IT Retn the ,penalty have to be paid .
Under option 2 what reason could be explained so that in the view of AO is satisfactory. |
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