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?
CAclubindia
