Respected Experts,
Today I noticed that there is an open e-proceeding in my income tax portal.

- The proceeding is dated 03-03-2023, i.e. six months ago.
- It is in open status
- The notice was not served under any particular section
- The notice doesn't have any assessment year or finanacial year associated with it in e-proceedings page.
- The notice doesn't have a response due date
- The notice was sent to an old email address which I had updated 5-6 years ago in the portal, hence I missed the email. All other communications like reminder to file, processing status, verification, etc are sent to updated email address by the income tax department.

I seek your kind advice for the following:

1. Is it important to submit reponse to the notice or can it be ignored?

The notice is asking to "submit a Photostat copy of the challan, dully certified by you to the office of the undersigned for the purpose of records and proper monitoring in every quarter."

2. Do I need to submit it physcially in the income tax office, or can I submit it as attachement online?
3. Do I need to submit the challan copy only for FY 2022-23 or for all FY after the notice?

Thank you for your valuable time and expertise.


The content of notice is as follows:

Sir/ Madam/ M/s,
Subject: Payment of Advance Tax - Letter

Sir /Madam,
Sub: Request to convert High Self Assessment Tax (300) in Advance Tax (100) for the financial year 2022-23 –reg.

As per data available with this office, you have paid SAT (Self Assessment Tax) of Rs. 1261910/- for the A.Y. 2022-23. You are aware that in consonance to the provisions of Sec. 208 of the I.T. Act, 1961 it is enjoined that Advance –tax shall be payable, during a financial year, in every, case where the amount of such tax payable by the assessee, during that year, as computed in conformity with the provisions of chapter XVIIC of the I.T. Act, 1961 is ten thousand rupees or more. So, you are requested to convert the payment of SAT into Advance Tax.

It is therefore, imperative for you to estimate your income, for current financial year, and compute the income tax payable thereon. This should be done in consonance to the provisions of Chapter XVIIC of the I.T. Act, 1961. Further, you are requested to ensure that the instalment of Advance tax is positively paid, without fail, on or before the 15th day of every quarter. You are further, requested to submit a Photostat copy of the challan, dully certified by you to the office of the undersigned for the purpose of records and proper monitoring in every quarter. A statement in this regard may kindly be furnished, in the prescribed format whenever applicable, specially for the purpose as hereunder.

Sl. No. Name of the Bank Branch BSR Code No. Challan Sl. No. Deposit Date Amount IN

Upto 15/06/2022
Upto 15/09/2022
Upto 15/12/2022
Upto 15/03/2023

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2 persons having agriculture land, made partnership firm by contributing their agriculture land in partnership firm and shown agriculture income in partnership firm, whether agriculture income earned by partnership firm is exempted ??

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Brought Forward Capital Loss (Short-term capital Loss on Shares/Stock) : Rs. 15 L
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Is this allowed or not, if yes, are there any restrictions or limitations ?
Thanks

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I sold my flat and invested the proceeds in another flat B and claimed exemption u/s 54.
Can I do both these transactions in same Fin year
I do not own any other flat

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This purchase is in the nature where purchaser is purchasing it for end use on subscription basis and not for resale, doest it fall under Royalty now ? and attract TDS ?

Kindly answer on specific note, section and caselaw

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kindly suggest best for this regards
thanking you

Dear Sir,
There is demand of Rs. 71,584 for the Q2 and Q3 towards non filing of TDS belated returns for the F.Y.2015-2016, but during the year TDS deducted and paid and filed the belated returns of Rs. 25,550 for both the periods ie. Q2 and Q3, Now the question is under supra section whether the demand ie late fee is of Rs. 71,584 or only it would be restricted to Rs. 25,550 to the extent of which there is TDS deducted and paid. Becasue no penalty should not be more than of tax amount.
2. since demand pertained to F.Y. 2015-2016, as the propreitory ship got closed and propreitor also passed away. does the recovery proceedigs will happen