banner_ad

Issue of notice for tax evasion.

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 June 2017 Sir,
I' m an Income Tax Officer. In one case my predecessor issued notice to file return for F.Y. 2009-10 in August, 2013 for sale of immovable property made by him above Rs. 30 Lakhs in F.Y. 2009-10. In response to notice assessee filed return in February, 2014 clamming that he has invested capital gain tax amount in agricultural land. Hence Tax liability is nil.
Now i come to know through TEP (Tax Evasion Petition) that assessee has invested sale proceeds in Non Agricultural Lands (i.e. in Plots). Now can i issue notice him for A.Y. 2010-11 (F.Y. 2009-10) to him?
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
13 June 2017 read the Act. go through the provisions of reassessment. Section 147/148 should help
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 27 April 2026
CA Articled Assistant

GM Corporate Solutions

Noida

CA Final

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details