Section 274A read with 270A

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P.Madhivadhanan

P.Madhivadhanan (Querist)
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21 November 2025 How to respond to section 274A read with 270A

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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21 November 2025 Subject: Response to Notice u/s 274A r/w 270A

Assessment Year: ______
PAN: ______

Respected Sir/Madam,

I acknowledge receipt of notice dated ____ issued u/s 274A r/w 270A.

I wish to submit that the alleged under-reported income pertains to ______ (mention item).

The difference arose due to _______ (explain in simple facts).

There was no intention to conceal or misreport income. The information was fully available in ______ (ITR/AIS/books).

Therefore, penalty u/s 270A(1) does not arise.

Even otherwise, as per Section 273B, penalty shall not be imposed where there is reasonable cause.

Hence, I request dropping of penalty proceedings.

Attachments:

Reconciliation

Supporting documents

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