276b

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GOPAL SHARMA (Querist)
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13 September 2011 One of Our Client Received the Notice of Prosecution Notice u/s 276B, due to failure of Remittance of TDS in time, can any body gives advice what reply I need to give to the Department? What are the consequences of this Notice?

CA Chitta Ranjan Das

CA Chitta Ranjan Das (Expert)
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13 September 2011 Sir,If notice u/s 276B has been issued, the prosecution is launched for non-payment of TDS deducted u/s 115-O to the credit of Central Government. The proper defence to this, is to explain the A.O. properly that there was a reasonable cause for the default / failure. If the A.O. finds it reasonable and genuine then he may waive the punishment.

Now what is genuine or proper cause, that depends on the cicumstances from case to case basis.

GOPAL SHARMA

GOPAL SHARMA (Querist)
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13 September 2011 boss pls send letter format for reply of notice to department.

urgent.

GOPAL SHARMA

GOPAL SHARMA (Querist)
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13 September 2011 pls. send letter reply to department format

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