Delayed in filing of er-4, 5, 6 & 7 returns
This query is : Resolved
Ashutosh Garg
(Querist)
17 March 2013
DEAR EXPERTS,
MY UNCLE HAS DELAYED IN FILLING HIS ER-4, 5, 6 & 7 RETURNS IN THIS YEAR DUE TO FIRST TIME AND LACKING OF KNOWLEDGE. WHEREAS DEPARTMENT HAS ISSUED HIM A SHOW CAUSE NOTICE BY IMPOSING THE PENALTY OF RS. 5000/= FOR EACH DELAYED RETURN. TOTAL NO. OF DELAYED RETURNS ARE EIGHT. HENCE, PENALTY AMOUNT IS TOO MUCH.
HOW CAN IT BE SAVED OR MINIMIZED?
YOUR EARLY REPLY WILL HIGHLY BE APPRECIATED.
THANKS A LOT.
ASHUTOSH GARG.
MY UNCLE HAS DELAYED IN FILLING HIS ER-4, 5, 6 & 7 RETURNS IN THIS YEAR DUE TO FIRST TIME AND LACKING OF KNOWLEDGE. WHEREAS DEPARTMENT HAS ISSUED HIM A SHOW CAUSE NOTICE BY IMPOSING THE PENALTY OF RS. 5000/= FOR EACH DELAYED RETURN. TOTAL NO. OF DELAYED RETURNS ARE EIGHT. HENCE, PENALTY AMOUNT IS TOO MUCH.
HOW CAN IT BE SAVED OR MINIMIZED?
YOUR EARLY REPLY WILL HIGHLY BE APPRECIATED.
THANKS A LOT.
ASHUTOSH GARG.
Arun Kumar Singh
(Expert)
18 March 2013
You should consult with any tax professional. May be penalty can be minimized but depend upon the issue.
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