response of Notice

[Amit Kumar]

Notice received under section 1431a for proposed adjustment for ay. 2013-14, however, reply could not be filed within time limit and proposed adjustment made by department and presently received notice under section 221(1) for penalty. Now the issues is how to comply penalty notice as well process to delete demand raised through proposed adjustment.

[DR.MARIAPPAN GOVINDARAJAN]

You may write to the Authority intimating the reasons for non reply to the notice within time. This may be condoned and the adjustment made by reconsidered. For penalty notice you may write that you have applied to the authority to condone the non filing of reply. The reply to the penalty may be given on the outcome of the representation you make to the Authority.

AI Summary

Penalty notice compliance: seek condonation for delayed response and seek reassessment of proposed adjustment pending authority's review. Non-compliance with a notice under section 143(1a) produced a proposed adjustment and a subsequent penalty under section 221(1); the advised course is to submit a representation seeking condonation for the delayed reply so the adjustment may be reconsidered, and to inform the authority that the penalty response will follow the outcome of that representation.