Compliance


This query is : Resolved 

(Querist)
15 March 2021 Dear Sir,
Assessee has received following email, regarding the business transaction of fy 20-21, whether reply of following email is mandatory or we can submit it at time of audti ie Sep 2021.DIN - INSIGHT/CMP2020-70xxx1XX0001
Dear Taxpayer, The Income Tax Department has received information on financial transactions/activities relating to XXXXSH KXXXXXXX (PAN XXXXX) for Financial Year 2020-21. The details of the transactions may be viewed as under:
Please advise me.

15 March 2021 Assessee is not supposed to reply. To down load the details from the portal and the assessee should act according to the nature of the transaction in the accounts of FY 2020 - 21.


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