Reply of notice u/s 139(9)

Tax queries 1176 views 3 replies

Frinds,

           I have recived a noticre u/s 139(9) to deposit outstanding tax demand otherwise the ITR will be declare as invalid.I want o know that if I don't pay tax & don't file ITR in reply of Notice.What action can be raken by A.O. against me.

Replies (3)
It is as same as you have not filed return if you are unresponsive to 139(9)(Defective return). You may receive notice u/s.142(1)require you to furnish a fresh return of Income. You will be assessed u/s.144(Best Judgment Assessment) based on Information A.O has where you will not get any refund even though you are legally entitled to claim. Indeed You will be liable to Interest u/s.234A and 234B/C as case may be depending on facts and circumstances of case. If you failed to respond with in time as specified u/s.139(1) then it may turn to Belated Return and you are not entitled to carry forward any losses other than depreciation Loss and House property loss.

Nuli here I have outstanding demand in notice u/s 139(9).What will be happen if I don't pay tax & not file ITR in reply of notice u/s 139(9).

 

You will be treated as assessee in default and all the provision of tax shall aplly accordingly including penalty, recovery proceedings


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