31 July 2021
I have below queries on how to proceed with notice received... 1. Notice was sent to old address even though the current address is updated on income tax portal. why so? 2. As Notice went to old address , i got notice after 2 months of delivery of notice to old address. 3. Notice does not mention the Exact reason. it only propose to assess/re-assess the income/loss.
Please suggest on how to proceed/react on the notice. Thanks in advance.
31 July 2021
State the reason for delay in reply as notice sent to old address recived now only.
Replying to notice under Section 148 If the notice doesn't include the reasons, then you could request the assessing officer to send a copy of the recorded reasons. In case you're satisfied with reasons to believe which was recorded by the assessing officer, file the return at the earliest.
CAclubindia
