Income tax department has been sending notices to us for late e filing of Form 26Q and imposing a penalty of Rs 100 per day for the delayed period.What can be done to satisfy the Income Tax Officer
Asked on 5/14/12, 3:21 am
2 Answers from Attorneys
www.lawconcern.com S.Seshadri
www.lawconcern.com
Pay the penalty as demanded.
Answered on 7/04/12, 9:39 pm
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
File 26Q alongwith a letter mentioning the delay for late filing with valid reasons so as to reduce the imposition of penalty,as simple as that.
Answered on 3/04/13, 10:22 am
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