11 October 2013
sir,I have receieved a SNC for non fililing Of IT Return For AY 2012--13. Sir I want a reply against SNC for for not imposed Penelty u/s 271F. So that I hav need a formate to reply SNC. Sir Plz provide me a formate to reply that. Thank You!
12 October 2013
First question, was ur income above the exemption limit? If yes, then you better file belated return at the earliest to avoid 271F.
However, if your income was less than exempted limit, then kindly reply to the notice stating that your income was less than the exempted limit and accordingly you were not required to file return as per the conditions laid in 139(1). Consequently 271f doesn't apply to your case.