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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- GSTR-1A How to update Invoice
- Excess salary payment.
- 3cd- cash system of accounting is allowed?
- Provision for loans that are under Revenue Recovery
- Form 121-contradictory opinions
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
