19 April 2017
A farmer sold his agriculture land in FY 1415. Whole consideration received in cash, after he deposit whole amount in his son's bank account because of at time of selling land he has no PAN. Now his son received notice from IT department that non filing of return and deposit cash.
What is solution?
20 April 2017
hope son have PAN n filling return..he can reply on the issue and why father didn't opted to PAN till march 17 there was sufficient time.
CAclubindia
