Dear Sir
I have some question about My Income tax return file Becouse i want bank house loan and bank is asking Income tax return file last five year.
1. I take pan card No. on year 2009
2. Till Date i not income tax return file due to my income is not taxable up to 31.03.2011
3. I married on Jan 2007 and that time i got aproximate 28 lac cash gift and 20grm Glod items and 8-9Kg silver items from my relative and friends on marrige Reseption day throw all my friends,relative more than 700-800 member and i recived blesing with my faimaly and my spouse faimly with cash gift as per Hindu marrige custom after marrige giveing by faimly and friends. when i ask to charted accountant he say marrige gift is tax free so you not requier Tax return file.and i not file.
4. I recived Cash gift by my Uncle( Father's brother) Rs. 951000/- on year 2005.
5. I received cash gift from my mother-in-law Rs. 1100000/- on the time of my doughter birth time.
6. Year 2007 i recived cash gift from my father&mother Rs. 25lac.
7. i start lease-licence base agriculture work 45Bigha land and i got 22lac loss in two year for the year 2008-09/200910 .
8. This year i start business and i pay 10lac advance tax. 9. I want to income tax return file for last 5year from 2007-08 to 2011-12 how to i file pl. advise me.
CAclubindia
