My father a business man ( Business is under continious losses) has received notice from compliance cell ,New Delhi for not filing IT return for the three Assessment years 2010-11,11-12,12-13.
Now that mandated 2 years have lapsed from time permitted to file belated return, how to go about responding to the notice.
1)Can we file outdated return on line or (2)should we approach IT dept and submit manually.(3) what will be the penalty leviable.
can any one advise, please.
CAclubindia
