Peak rate agreed,reply to notices u/s 271(1)(c) of it act

ravuluru (Income tax Practitioner)   (47 Points)

10 November 2015  

Dear sir / Madam,
My client agreed A O addition under section 68 of the Income tax act,1961. Peak rate in IT scrunity,

But how to write reply to notices to drop the proposed penalty proceeding u/s 271(1)(c) of IT Act,1961.

Thanks & Regards

Ravuluru Jayakrishna