27 August 2016
My uncle is a citizen of USA and in FY 2012-13 he earned income more than 10 lakhs and now he received a leter from I T Department. he deposited Cash in bank by exchange the foreign currency here. Now what relpy i should give. Should i give rely through online compliance?
27 August 2016
If the income is earned out side India and he is non resident then reply to the response as income earned out side India not taxable in India. Yes give reply through online compliance. If the income is taxable say return under preparation. Pay the tax and file online return for AY 2013-14 by selecting in response to notice.
27 August 2016
thanks for the reply. but Income was earned in USA and paid tax already there and he exchange the currency in india and deposit cash into bank. now what reply give in compliance
27 August 2016
Reply as income earned by US citizen in USA and tax paid there not taxable in India. Only exchange the currency in India and deposited in bank
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