10 January 2024
Client has been served a show cause notice u/s 148A (b). Upon checking on the portal it was noticed that the return for AY 2020-21 was not filed. Kindly let me know how to proceed in answering this notice. Also let me know the penalty that would be charged
14 January 2024
These should help https://cavinaymittal.com/Blog/686/Income_Tax_Act_1961.aspx https://taxguru.in/income-tax/draft-reply-section-148ab-notice-considering-sc-order.html#google_vignette https://cleartax.in/s/notice-section-148-income-tax-act
05 April 2026
File reply to the Show Cause notice issued u/s 148A(b) and file ITR when you receive notice u/s 148 alongwith Order u/s 148A. Such ITR should be treated as an ITR filed u/s 139 and therefore no penalty is forthcoming. An ITR filed not in response to the notice u/s 148 is likely to be treated as invalid.