Querry by it department answered delayed

My income tax address is given at x place. However i am residing at y place.It happened that a notice of assessment was sent by IT department to x place house.This assessment is due to TDS shortfall deposit by the company.

It happened that the letter was taken by my next doors at x place.They also failed to tell me that such a letter was received.They told this after 2 years.During this period the IT department also failed to take any notice of this.

Now my question is what will be the penalty if i file it now?

Replies (1)
deposit the demand amt. in notice and then revise your tds return for respective period. if any interest will accrue for this 2 years or any penalty would be payable then you will receive a fresh notice and then you can act accordingly.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details