Notice from it dept.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 March 2017
Sir,
Recently my wife received a notice for purchase of units of Mutual Fund for Rs. 4,20,000/- and for non-filing of return. Actually by tuition she accumulated 3,00,000 and it was invested in FD of SBI and this maturity value again has been invested in UTI . Her individual income is much less than 3 lacs as such she never needs to file return. What she should do now.
With regard,
Sudhir Saha
Recently my wife received a notice for purchase of units of Mutual Fund for Rs. 4,20,000/- and for non-filing of return. Actually by tuition she accumulated 3,00,000 and it was invested in FD of SBI and this maturity value again has been invested in UTI . Her individual income is much less than 3 lacs as such she never needs to file return. What she should do now.
With regard,
Sudhir Saha
31 March 2017
To reply online through 'compliance' link in www.incometaxindiaefiling.gov.in
* under 'related information summary' choose the option 'self-investment out of accumulated income' from the drop down menu under the head 'information relates to'
* click on submit button.
* e-file income tax return.
* give copy of the acknowledgement to the income tax officer from whom you got the letter.
* under 'related information summary' choose the option 'self-investment out of accumulated income' from the drop down menu under the head 'information relates to'
* click on submit button.
* e-file income tax return.
* give copy of the acknowledgement to the income tax officer from whom you got the letter.
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