Notice u/s 143(2)

This query is : Resolved 

16 September 2014 If a notice issue against my e filing (itr 1) u/s 143(2) With in time and i not respond against them than what type of action can be taken by the it department against me?

16 September 2014 in absence of response from you, AO can pass best judgment order under section 144.

further, penalties under section 271 can be levied.

16 September 2014 If penalty levied than what will be the presentage of penalty and how can the recover from me?????

18 September 2014 it may be ranging bet 100-300% of the tax sought to be evaded.


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