23 September 2021
Penalty Notice initiated u/s 272A(1)(d) of Income Tax Act due to failure of response u/s 142 (1) but the assessee has already submitted his response u/s 142 (1) its just he delayed by 15 days but he already submitted now what should i write to vacate the penalty
02 February 2022
You should explain by stating that response as been filed. you should also explain the reasons for delay claiming that delay was on reasonable grounds and were bonafide.
CAclubindia
