Dear Sir,
My annual income is less then basic limit So i never filed ITR but saving from salary Rs.70 k to 1 lac from 2013 also received some graudity and PF amount from my previous company. Can I face any issue from IT department if I make fixed deposit
From my savings approximately Rs.12 Lacs please suggest.
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FD from saving
Replies (7)
You can manage it if you have form 16 from employer
No issues. It department does not make you feel wrong unless there is a gross misappropriation of income or undisclosed income. The tax had been paid regularly and no notices.
Make the supporting evidence
Sir, i don't have form 16 Salary slip and company appointment letter PF passbook is enough for supporting evidence.
Atleast bank statement ?
Sir, Bank statement is not available because Account opening by company in Hyderabad
But I have a passbook in 5 years entryeis.
But I have a passbook in 5 years entryeis.
Supporting documents and explanation should be there .Else it may not be easy to handle SCN..
It depends on how you manage it
It depends on how you manage it
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