show cause notice u/s 272B

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Deepika (Querist)

04 July 2010 Hello friends,

Tell me solution Please

I have filed my ITR-4 for A.Y 2009-10,due to clerical mistake i have not written my PAN No. on verification/declaration part (where assessee signed the ITR), few days before i received a notice of "Show cause notice for imposing penalty u/s 272B of the I.T. Act for failure to comply with the provision of section 139A of the I.T. Act"

please help me and me how i handle this situation, please hurry as the hearing date is 13/07/2010
only few days are left

CA.Amit Revankar

CA.Amit Revankar (Expert)

04 July 2010 Section 139A prescribe for mandatory quoting of pan-card details on prescribed document, non-compliance with same attract the penalty of Rs.10000.
There is no need to fear ms.Deepika, if u have forgot to put the same by mistake and the act was bonafide than definitly u will get the relaxation,but only u have to convience the officer that the error was unintentional and u r not aware of the same. Furthur to put u r claim u should also put some relevant justification and explanation that the same is not done with some malafide intention. If yet not comfortable contact No.9324227338

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)

04 July 2010 272B is attrated only if you have written a wrong Pan number. If you have not written any number then 272B is not at all attracted. Please draft a letter to the assessing officer that due to urgency in filing the return you have inadvertly not written the pan number. Kindly condone the mistake and the officer cannot impose penalty on the above transaction. Do not provide any incentives at the time of hearing.

CA.Amit Revankar

CA.Amit Revankar (Expert)

04 July 2010 Correct me srinivasulu sir, if i m wrong. ms deepika matter is covered under 272B(1) and not under section 272B(2), Section 272B(1) doesnt talk anything like quoting wrong pancard number or like.Furthur i agree with sir that dont offer a single rupee to concerned office at any circumstances

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