notice from income tax
This query is : Resolved
Vishal Nandwana
(Querist)
06 June 2016
sir i have received notice from income due to cash transaction Rs 49lacs in saving account in AY 2014 15 and i am not filled return for AY 2014 15 and my income related to these transaction is only 58 thousand. what can i do in this situation
CA SUNIL K GARG
(Expert)
06 June 2016
As you can't file ITR of AY 2014-15 because it has time barred, Now you should make a reply of notice by stating the facts and circumstances.
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