I have received an Income Tax e-Proceeding notice. The notice does not mention any specific discrepancy or ask for any particular documents. It only states that I may submit any evidence in support of my Return of Income.
Our business model is that we operate only as an Experience Zone. We do not purchase, stock, own, or sell the products. Customers visit our showroom to experience the products and place orders through us. The principal company directly invoices the customers and delivers the products. We earn only a commission for facilitating the sales and discharge the applicable GST on such commission. For FY 2024–25, we filed ITR-4 under the presumptive taxation scheme of Section 44AD and refund has been claimed.
Could anyone please advise what the appropriate solution or response would be? What documents or explanation should generally be submitted in such cases?
CAclubindia
