Income tax


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Querist : Anonymous

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Querist : Anonymous (Querist)
10 March 2011 I recorded in F.Y.06-07 commission payable for Rs 1325000 and got deduction from Income Tax department,but i could not pay this commission amount till today.
Now i received letter u/s 142(2)from Income Tax department for submit return for A.Y 08-09, 09-10 & 10-11.

I unable to produce before Income Tax department the parties to whome such commission I was liable to pay in F.Y. 06-07.

Please suggest me any possible way in which :
I can settled this commission liabilities without paying any Tax. or

if I agree to pay tax but I dont want to pay interest on tax from such period.

or is there any other possible way for beneficial me ?

Thaking you

10 March 2011 The most beneficial way will be guided by the AO himself who has issued you the notice.


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