my relative had filled a return wid incorrect pan card number... now the IT officer notifies tat the return wid respective pancard number is incorrect..nd hence asks 4 copy of pan card.. so in such case what 2 do submit along with copy of correct pan card nmbr?? also assesse is not liable 4 any tax,so in such case,non submission of documents again will cause any penalty or nethng such??? plz reply soon....thank you
The I.T. authorities scrutinize before levying penalty whether its made by malafied intention or incidentally happend. and also given an opportunity of being heard to the assesee and then assessee can prove himself except PAN all other things disclosed correctly means address, contact number, turnover particulars and TDS claim. If Assessing Officer believes its a clerical mistake then not levy any penality.