banner_ad

Income tax notice more than 2 lac payment to credit cards

This query is : Resolved 

09 November 2015 Respected Sir,

My income is Non Taxable and not getting salary on paper but cash. I do have Credit Cards, I used these card to use money to deal my financial problems. I used to get money by swiping Credit Cards at rate of 2.5% to 3% charges from some vendors. I done these transactions and paid to Credit Card companies on time but these transactions value exceeds the limit. ITD given me notice for not filing IT for AY 2014-15 with reason of query "Paid Rs. 200000/- or more against Credit Card bills"

Kindly guide me through how to respond to this query raised by ITD.

Thanking You,
Aarif Balluwala

10 November 2015 The response is required to be made online if you received the meil from CPC

05 September 2016 Please get in touch with an advisor who can help you prepare a response and file the same in the ITR e filing portal.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details