hello,
a notice u/s 133(6) has been recieved requiring assessee to furnish ledger in the books of assessee of third party and also ITR and B/S of relevant year of assessee.
* Is department correct in asking B/S and ITR of assessee
* The notice states to be replied within 3 days..but 40 days have passed.what are legal consequences that may be faced by assessee and how can be avoided?
*format of letter as a reply for the same
Regards