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Notice u/s 133(6) of income tax act

Others 2126 views 5 replies

In 19th November 2019 I receive a notice from IT Dept. U/S 133(6) asking for certain information from my end regarding purchase transaction of Capital Asset way back in PY 2015-16 and due of notice for replying was 22nd November 2019.. 

After the notice I met with my consultant who suppose to be CA and provide him all necessary documents whatever he had asked for on same  day of notice but since date he has not sent any reply to IT Dept ?

Can anyone pls guide me how shall I deal with this situation and what are the possible onsequences of this ?

Replies (5)
First speak with CA. If he is not responding, please meet officer who called information and take extra time after briefing him fact. In the meantime go for other xonsultant.
penalty of rs. 100 for every day, from the day of default to day of submission of details may be levied under section 272A(2)(c)
levy of penalty is discretionary power of AO. If he is convinced, he may not impose.
so only I used "may" instead of shall
Thanks Mr Bimal and Mr Ramakrishna ji for ur prompt reply.


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