Notice under section 148 of the income tax act, 1961

This query is : Resolved

Abhishek Roy Choudhury (Querist)
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21 March 2017 Dear Sir,
An Assessee have received a notice u/s. 148 of the IT Act, The details of notice is:-

Whereas I have reasons to believe that your Income chargeable to Tax for the Assessment Year 2012-13 has escaped Assessment within the meaning of section 147 of the Income Tax Act, 1961.
I, therefore, propose to assess/ re-assess the income/ loss for the said Assessment Year and I hereby require you to deliver to me within 30 days from the service of this notice, a return in the prescribed form for the said Assessment Year.
This notice is being issued after obtaining the necessary satisfaction of the additional Commissioner/ Commissioner of Income Tax/ Chief Commissioner of Income Tax.

Please tell how to proceed with the notice because in that year Assesse has income from Salary and TDS has been deducted from Salary and there is no taxes due as per Form 16 of that year and Assesse has filed ITR-1 in due time.

Thanks,
Abhishek.

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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22 March 2017 This kind of notices has become common with increased pressure on the Income Tax department. If your income is only from salary and you have nothing to hide, I would request you to produce the requisite documents as demanded by the department along with the copy of the return.

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