Penalty non filling itr

This query is : Resolved

Nitin Kumar Poddar (Querist)
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25 April 2025 One of my clients (SANSTHA) has not filed a return till now. Suddenly when the committee changed, he received a notice which assessed his donation of Rs. 50 lakhs for FY 2015-16 with a demand of Rs. 70 lakhs along with 30% tax and penalty on the total income. After that, he filed the return for the year 2023-24 for the first time.

He does not have 12AA & 80G
Is there any way to remove the penalty or to reduce the penalty to a minimum?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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26 April 2025 depends on the grounds/justification for non-filing of the return. Given that they do not have 12A registration, anyway they need to assessed as a for profit entity. What submissions did you make during the reassessment?

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