Income tax show cause notice
9 months ago
Respected Sir,
My brother in law has died in 2022 and income tax show cause notice came for AY 2018-2019 in my brother in law name. My sister is not capable to answer this notice and not afford any CA. If we not answer this notice then any legal action against can be taken against us. Please guide us
A.Dear client,
The Income Tax Act, Section 234(F), authorises the Income Tax Department to charge a penalty for noncompliance with income tax requirements. If a taxpayer fails to answer to an income tax notification, they may face a penalty of up to 1% of the tax liability per month, with a maximum penalty of 100% of the tax amount.
The Income Tax Act, Section 234(F), authorises the Income Tax Department to charge a penalty for noncompliance with income tax requirements. If a taxpayer fails to answer to an income tax notification, they may face a penalty of up to 1% of the tax liability per month, with a maximum penalty of 100% of the tax amount.
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