Notice u/s.148

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 August 2014 My uncle is in receipt of a first notice U/s.148 Dt 22/07/14. It says that we had(IT Dept.) issued notice for AY-2007-08 under this section Dt-15/03/14 but you have not replied. Now we require Information about your Income, Bank details, Investment, Property Sold/Acquired. My question is that, is the notice remains valid though my uncle is in first receipt Dt.22/7/14. He dont have PAN, no income, no return filing for any year. He sold a property in that year. Also advise me how to answer. Thanks in advance.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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14 August 2014 well the original notice dated 15 march 2014 was valid. So if the AO is able to provide evidence for service of notice, then the proceedings shall be valid.

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Querist : Anonymous

Querist : Anonymous (Querist)

14 August 2014 How to answer that notice

Nikhil Kaushik

Nikhil Kaushik (Expert)
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14 August 2014 first of challenge the validity of notice issued now stating that earlier notice was never received (ensure that this part is actually correct).

Then ask for the reasons for reassessment. AO has to provide you the reasons in writing. Once the reasons are received, the decide on your action-plan

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