28 May 2017
My sister is housewife. She made a fixed deposit of Rupees five lakhs in FY 2014-15. She received a notice on 27/5/2017 of IT Department regarding investment more than Rs. 2,00,000/-. What reply should be given to IT Department in this regard ?
28 May 2017
If there is no any other income in your sister's name then you should give answer that income is below exemption limit and hence return is not filled.
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