I got a income tax notice on 4th August 2016 Notice under section 143(2) Limited Scrutiny of the Income Tax Act, 1961. The notice i got via email stating that.
Sir/ Madam/ M/s,
This is for your kind information that the return of income for Assessment Year 2015-16 filed vide
ack. no. xxxxxxxxxxxxx on 24/07/2015 has been selected for Scrutiny. Following issues have
been identified for examination:
i. Derivative (futures) transaction
2. In view of the above, we would like to give you an opportunity to produce, or cause to be
produced, any evidence which you feel is necessary in support of the said return of income on
07/09/2016 at 05:10 PM in the office of the undersigned.
I am bit confuess.
1:- Is this notice is valid or not? How we can confirm that notice came from IT department?
2:- As I read couple of article about the time limit for receiving the notice for 143(2) which says If 6 months have elapsed since the end of the financial year in which the return was filed, then a notice for scrutiny cannot be served upon the assessee. Does this notice which got is valid or not?
3:- If it valid what kind of dcouments I have provide to AO?
Thanks in advance.