11 September 2013
Hello sir/madam, I am running one fully charitable educational institution which is non profitable and the funds to run the same is supplied my relatives and friends out of taxed income . I have received a lettet from ITO referring to the transaction where 4lacs is received by the our institute bank account.I have not registered the institution .The letter asks to disclose the source of income or business. I have not been involved in any business. Thank you so much. Please reply soon. Urgent!