My accesses are received letter from Delhi Income Tax department regarding of non filling of return & more than 10,00,000/- cash deposit in saving account.
So please advice me what I can do?
Can I submit my reply in Manually (Local Income Tax Office) it's valid? or reply in income tax e filling side?
14 April 2014
U should reply in writing to the IT office address from where the letter is sent to u. Give disclosure of the cash deposit along with ur bank statement & I suggest to visit personally.
1. compute your tax liability for the relevant year
2. if the income is below the exempted limit, then respond stating that the income was below the tax limit
3. if the income is above tax exempted limit, you need to respond to the notice stating that the return is under preparation. Thereafter, contact the jurisdictional AO for payment of taxes and submission of manual returns.
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