How to reply to notice under section 133(6)
Here is important point to note Regarding Section 133 Notice
Failure to comply with notice can lead to penalty of Rs 10,000 u/s 272A
And also, Notice u/s 147 for Income Escaping assessment can be Issued if AO not satisfied with your reply or you haven’t replied to Notice.
Many people has starting receiving Notice u/s 133 in Jan-22 & Feb-22, Everyone should thake this seriously & reply to notice without delay. If Section 147 started that penalty can also be levied.
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