PAN no.
This query is : Resolved
24 June 2010
if an individual who is salaried person and have been allotted PAN no. fails to file return as his income is below taxable limit any chance for getting notice from IT authorities if yes what to do in such case
REgards
Girish Mani
REgards
Girish Mani
24 June 2010
If the Income is less then the taxable limit there is no necessary to file the return. even you get the notice you can reply. there is no penal consequences
24 June 2010
yes if the department think that the income of that persons exceeds the taxable limit then department can issue a notice on that person.
In this case you just have to simply reply the notice by explaning that you are not filing return because your income is below taxable limit.
You can also support your reply with Form -16 issued by the employer..
In this case you just have to simply reply the notice by explaning that you are not filing return because your income is below taxable limit.
You can also support your reply with Form -16 issued by the employer..
24 June 2010
AGREE WITH RAMESH KRISHNAN JI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Post Office RD Interest
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Bank Accounts in Balance Sheet for ITR 3
- TDS ON CASH WITHDRAWALS...
- Annual return of gst limit
- U/s 44AD of Income tax
- GST collection on rent receipts
- Eway bill for machinery reparing
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
