Format of reply to Penalty notice under section 272B for wrong quoting or non-quoting of PAN
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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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Comments
CA Abhinav Mehta
27-Sep-2011 , 04:17:27 amthanx vikas....
manish sharma
30-Sep-2011 , 12:35:18 pmA HELPGUL FORMAT FOR THE AGGRIEVED ASSESSEE,VIKAS.