Sir,
I have recd a letter from Income-tax for non-filing of income-tax return for A.Y 2010-11 and 2011-12. They have sent a list of some of activities for FY 2009-10 onwards as follows :-
1. FY 2009-10 TDS-94 A TDS Return Interest other than interest on securities
2. FY 2009-10 CIB-183 Time deposit of Rs.1,00,000/- and more
3. FY 2010-11 and TDS-94A TDS Return Interest other than interest on securities
4, FY 2011-12 TDS-94 A TDS Return Interest other than interest on securities
What is TDS-94A and CIB -183
IT deptt has also stated that in case no response is received within 10 days
" proceedings under Income Tax Act 1961 will be initiated".
Can u pl help us what reply shd we give to IT deptt and what can they do under the above IT ACT 1961.
Is it mandatory to respond to their letter.
Shall appreciate your early response,
Thnx,
Suma
CAclubindia
