Income tax notice

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arpit aggarwal (Querist)
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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

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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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 ???

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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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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