Non filing income tax notice

all three reasons mentioned above are related with banking transactions, and he has documents for the same, verify the same first, for RD closure, on closure the same is credited to bank account (NOT CASH) for Leave surrender the same is received by cheque, if the amount exeeds 20k for FD Closure, the maturity is credited to bank account (NOT CASH)

i checked RD account Amount withdraw same date deposited to other bank for cash

bank RD does not redeem in cash, they credit the maturity proceeds to given bank a/c

agreed with dharma. verify client bank Ac with dates of withdrawal. also calculate taxable income for concerned a.y. before representing for this case. all the best

sorry sharma...mistaken spelling

Dear sir, RD AMOUNT : 6,00,000/- (With out interest )maturity  taxable or exempt.

If exempt where can i show it ITR FORM

n if  sorce is  tax  paid then it is not income, but capital receipt,

check the filing status of years of contribution, to reconcile 

Sir, Thanks for reply.... NOT FILE IT RETURN THIS RELEVENT AY 2014-15.

no more commentss  where can not be reconsiled,  

there  may be no  return  of income, may  be  exempt , may be  below the  threshold  limit  to  file  the return, 

BUT 

the  source must  be confirmed, with financial  records,  viz  PL a/c , balance sheet,  bank statements,  cash flow, ( any  possible  document  available) that  there is no "wilful  evasion is made" 

as  on the reply the AO  will  cross check with the statement . the assesee provide.  if source is not tax paid or included in basic exemption, then  it would  come under  evasion.