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.
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.
CAclubindia
