Notice u/s 154/155

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 February 2012 My client recd. a notice u/s 154 against the order passed u/s 143(3)for a.y. 2008-09 as there was a mistake apparent from record.
This is a clerical mistake on the part of my client and the demand is correct. My client is ready to pay this demand.
I just wanted to know is there any penalty provision against such demand?? Pl. help.

13 February 2012 It is sufficient to pay the demand at this stage, if it is correctly raised.

Do not wish for more.



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