Notice u/s 148-AY-16-17


This query is : Resolved 

31 July 2021 Notice u/s 148 for AY-16-17 received on email 30/06/21 .

1.Is It a valid notice.?

On enquiry reasons AO told that dealer made foreign trip(Usually arranged by the Supplier Co for many dealers on achieving targets etc ) cost of which met by the Supplier Company of dealer.

2.In ITR should dealer add as income ?

31 July 2021 1 yes, it's a valid notice.
The notice send to the e mail IDs provided in the income tax return shall be valid one and be binding upon the asssesee because according to chapter IV of the information and technologies Act 2000.
2 yes, it should be treated as income in ITR.


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