Advice
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2014
Default was transcation in savings account over Rs.10 Lakhs for 2 consecutive year 11-12 & 12-13.For 11-12 bank report it in AIR and dept issued notice u/s 142.However for FY 12-13 it presumably bank does not report because in 26AS no such transcation is
reflecting and secondly till to date dept has not issued any notice.Now what expert suggest if assessee doen't fill return for AY 13-14?
reflecting and secondly till to date dept has not issued any notice.Now what expert suggest if assessee doen't fill return for AY 13-14?
Nikhil Kaushik
(Expert)
03 October 2014
irrespective of what is reported in AIR or not, you are required to file return as per provisions of section 139 only. So check whether you are required to file as per section 139 or not.
06 October 2014
itr filling is not based on air as rightly said rather check sec 139 and its applicability in ur case
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