Show cause notice u/s.144 of i.t.act.

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Querist : Anonymous

Querist : Anonymous (Querist)

27 November 2018 A notice u/s. 148 (I) was received be me for AY 2011-12 during March,2018 asking me the source of cash deposits in my bank to the tune of Rs. 27.00 lac. I had replied the said notice online during Oct.2018. I had not filed the IT return of the said AY, as the income was below taxable limit. To-day, while I was checking status of my IT Return of AY 2018-19 on the income tax portal, I saw a show- cause notice u/s.144 computing my entire cash deposits in bank as my income giving the reasons that I failed to submit required documents asked by ITO. But, I did not get any notice asking for documents as claimed in the said show cause notice. What should I now ? Please advise me.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 November 2018 did you explain the source of cash when you received 148 notice?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 November 2018 if you have not explained the sources and have not filed the return in response to 148, then proceedings under 144 are allowed.

Querist : Anonymous

Querist : Anonymous (Querist)

27 November 2018 I had already explained the source vide my letter. But I did not submit any supporting documents. The supporting documents were not submitted only because I came to know this requirement only to-day, when I opened the Income-tax portal and saw the notice asking supporting documents.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 November 2018 better go and meet the tax officer in person and carry all the documents along with you. you have complicated your case yourself by delayed and insufficient submissions.

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