Pan no. wrong mentioned in itr

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2012 My father has received a notice u/s 272b due to PAN no. wrongly mentioned in ITR for the A.Y.2010-11 and a penalty is being imposed of Rs.10000
Please suggest the remedy for the same the PAN no. by mistake has bee wrongly furnished.Whether we can file revised return and if yes then after filing revised return whether penalty would be waived off????

Pls reply its urgent

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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02 February 2012 Please file a reply stating that it was due and 'inadvertent mistake happened due to typographical error'. No need to revise the income tax return.

B Ravi Kumar ACMA, MBA, M Com

B Ravi Kumar ACMA, MBA, M Com (Expert)
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02 February 2012 If possible, go and meet IT official, whose name is mentioned in the notice and explain him about error. Handover the reply letter there itself.

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2012 Whehter copy of PAN No. and ITR of AY 2010-11 required to be submitted along with reply.?
and whether we can file a reply or CA has to be asked for the same?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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02 February 2012 agreed with warrier ji.

you must submit your reply irrespective of copy of pan no.reference is sufficient.

if you wanted to that CA can better reply more than you , deliver this work to a CA.

Regards,

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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02 February 2012 if you wanted format is posting for your convenience :

To Assessing officer,
Date -

.

Applicant:- ________________________________

________________________________

_________________________________

Subject: – Reply to Your Office notices under section 272B of Income Tax Act, 1961

Ref: Your Office Letter No………….. Dated …………….

Sir,

I refer to your aforesaid letter dated ……….by which your Honor proposed to levy a penalty of10,000/- for *wrong PAN/No PAN on income Tax Return and would like to submit as under:-

1. That I filed the return of income in your Honours office for the Assessment year ………. On ……………… however due to some mistake I quote the *wrong pan number / Forgot to Quote the PAN on the Return. The correct pan number is as under:

__________________________

2. I hereby request your Honor to kindly accept the correct pan number.

Prayer:-

I would further like to request your Honor to accept the correct pan number and drop the penalty proceeding initiated u/s 272B as there was no malafide intention behind the *wrong quote/ No Quote of PAN.

Your faithfully

Sd.

(Assessee Name)

* Strikeout whichever is not applicable

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