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Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2013 department has sent a letter to a person questioning the reason for not filing the ITRs in the previous years as they has noticed some if the significant transactions during those periods.Now i want to ask what can be done regarding this.At the most i can file ITR of two years.Assessee is asked to reply within 10 days. pls suggest what should be done ??

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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06 August 2013 If the income of the assessee was less than the maximum amount not chargeable to tax, then the same can be the reason for not filing the return.

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