Notice u/sec 133(6) of income tax act
This query is : Resolved
25 October 2019
Dear Sir,
I was owner of Agri land at my native place which was purchased by my father on my name. The said land was cultivated by my father, all the income earned on that land was controlled by my father. It is pertinent to mentioned that i was studying at Mumbai till 2017. In 2016 my father decided to sell that land and we sold that land to solar company on 05 Feb 2016. However Recently i was received notice from Income Tax dept U /sec 133(6) in respect of sale of land for FY 2015-16, in the said notice they are asking details of agri activities carried out by me and details of expenses incurred for agriculture income with supporting documents. However all the income earned from that land was received in the name and bank account of my father and and my father dont have any receipts for expenses incurred on that agri land. Now my question is what can i mention in reply to said notice? Can i mentioned that the said land was cultivated by my father? Can i submit all the relevant documents of my father such as income receipts to income tax departments.
I was owner of Agri land at my native place which was purchased by my father on my name. The said land was cultivated by my father, all the income earned on that land was controlled by my father. It is pertinent to mentioned that i was studying at Mumbai till 2017. In 2016 my father decided to sell that land and we sold that land to solar company on 05 Feb 2016. However Recently i was received notice from Income Tax dept U /sec 133(6) in respect of sale of land for FY 2015-16, in the said notice they are asking details of agri activities carried out by me and details of expenses incurred for agriculture income with supporting documents. However all the income earned from that land was received in the name and bank account of my father and and my father dont have any receipts for expenses incurred on that agri land. Now my question is what can i mention in reply to said notice? Can i mentioned that the said land was cultivated by my father? Can i submit all the relevant documents of my father such as income receipts to income tax departments.
26 October 2019
In my opinion, you should disclose the actual situation to the AO. And consult expert, CA, Tax Consultant before submitting any reply because it may invite notice in case of your father's case also.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- ITR-Capital Gain
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Loss of interest in PF transfer from EPFO to Trust
- Taxation on Old jewellery sold
- Rent claimed on building given on permissive possession basis
- Traces submitting correction statement error
- Residential status of non resident
- Short Term Gain Reporting ITR
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- 44AD, 44ADA business details
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
