This discussion addresses whether an Income Tax Return (ITR) can be filed using Form ITR-U after receiving a notice under section 143(2) of the Income Tax Act. While directly filing an ITR-U might not be permissible in such cases, the advice suggests requesting to file a revised return. This request should be made when submitting your reply and required documents to the tax authorities in response to the notice. The aim is to rectify excess deductions claimed and potentially avoid penalties.
20 June 2024
Thanks, any suggestions how to avoid penalty for the excess deductions claimed..only intimation has come asking to submit all documents..no detailed query / questionnaire as of now