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What are the consequences of not responding to an income tax notice?

  • parpellakerala
  • Jun 8, 2022
  • 1 min read

If the income tax notice is not responded in time properly, the AO has the power to demand the tax, interest and penalty based on their best judgement and the demand if not paid in time can lead to interests and penalties upon that amount and ultimately result in revenue recovery and bank account freezing.





 
 
 

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