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Notice issue by income tax department
sir if a person does not fill itr and transaction of assessment year is 1core 32 lakh and the notice issue by income tax department what can I do ??
Replies (2)
Explain the nature if transaction, prove them non taxable.. for eg loan taken from relative or friends, in case loan received required bank statement, PAN, address, ITR with computation of lender.
If you received the income from sale of property than u can explain and write a letter and submit to your Assessing officer regarding transactions
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