Cash deposited after 8/11 and notice
Querist : Anonymous
My client has deposited cash worth Rs350000. He receives notice from IT department to response for cash transaction 2016.
My client has filed defective return for fy 2015-16 and corrected in jan 17. He has shown income as Rs.450000 and Rs.10000 cash. He did not show profit and loss account.
Now, My question is how he should response for this notice in cash transaction 2016 in efilling portal.
Should he select option. cash out of earlier income or saving in response for cash transaction 2016?
Thanks. Guide earliest.
Querist : Anonymous
Is there no problem with cash balance 10000 as on 31/3/16?
Click here to login now
Similar Resolved Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- REGARDING GST LIABILITY/....
- STCG FOR GOLD ETFs
- TDS related Query_Liquidated Damages
- Specified Profession
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
