Rec. notice of compliance by the income tax department

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2014 how to handle compliance notice

the reason is cash deposited in saving bank account more than 10.00 lacs

but i have no tranjaction in my bank account more than 10.00 lacs

so suggest now what to do

and if i want to submit ITR as per department demanded, can i submit my ITR of the AY 2010-11, AY 2011-1, and - AY 2012-13

plz reply

Rupesh Jain

Rupesh Jain (Expert)
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02 April 2014 pls file return of ay 2012-13 till date 31.3.2015.

a y 2010-11 & 2011-12 to be file till dt 31.3.2013 & 31.3.2014

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2014 how can it posible sir

now after 31/03/2014, we can not file AY 2012-13 Return,

now its time bared

Nikhil Kaushik

Nikhil Kaushik (Expert)
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02 April 2014 First compute your tax liability. If there is none, then respond stating that income below taxable limit. However if your income is above exempted limit, kindly respond to the notice stating that return is under preparation and contact local jurisdictional assessing officer to manually file the return

Querist : Anonymous

Querist : Anonymous (Querist)

03 April 2014 thank you

thank you so much sir

but in my account not having tranjaction more than 10 lacs

Nikhil Kaushik

Nikhil Kaushik (Expert)
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03 April 2014 that you have already clarified earlier. My suggestion still remain same. first ensure that you dont have taxable income. once that is determined appropriate response can be framed.

Querist : Anonymous

Querist : Anonymous (Querist)

04 April 2014 yes i had calculate it

there is not taxable income.

and i want to know about the reply of Rs. 10 lakh Detail

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