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
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
ANKIT AGARWAL
(Expert)
10 November 2015
The response is required to be made online if you received the meil from CPC
SANTOSH SAGAR K
(Expert)
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.
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