Respected Sir, Client Received notice 133 (6) or 148A for Cash deposite 52 lakh other than current account and he did not filed income tax return therefore received notice. How to response notixe or how to resolve problem.
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Quick Summary
This discussion addresses how to respond to an Income Tax Notice 148A received due to significant cash deposits not made through a current account, especially when an income tax return hasn't been filed. It explores the process of explaining the source of the cash and the implications of not having filed a return, alongside a query about the nature of 'job work' and 'making charges' bills as expenses.