Notice regarding non filling of itr

This query is : Resolved

Deven (Querist)
Follow

12 March 2015 i received notice of itr not filled mentioning some codes as bellow.
1.) F.Y 2010-11 AIR-001 deposit cash of 10 lac or more in saving account

2.) F.Y 2011-12 CIB-181 cash transation of 1 lac and more

please help me. what is AIR-001 & CIB-181 ??

what should i do.. i have to reply in 10 days as per notice & 2 months have been passed out from notice date.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

12 March 2015 1. means u need to give details and justification of deposit of cash of more then 10 lacs in fy 10-11.

2.similarly all cash transaction exceeding rs 1 lakhs u need to explain.

Deven

Deven (Querist)
Follow

12 March 2015 Sir, but what it means ?? i dont remember cash transaction of 100000. what is CIB-181

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

12 March 2015 check your bank statement for fy 10-11 and all cash transactions u need to explain which are in excess of rs 10 lakhs.

cib and air is technical codes for same.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now