Income tax notice

This query is : Resolved 

20 March 2015 if we received a income tax notice regarding deposit of more than Rs. 10,00,000 in a saving bank account then what should be done to resolve the matter

20 March 2015 what they are asking is important.. if they are asking about the sources of generation of huge cash... then u need to tel the reasons why so huge cash ???

20 March 2015 then u need to provide all sources for such deposits made and whether u have shown it as taxable income or how u have treated it in ur itr also needs to be shown.


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