Received notice under sec 133/6

Received notice under sec 133/6 to submit proofs for investments shown. For some investments the documents are not there. How to proceed with that

 

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This discussion addresses receiving a notice under Section 133/6 requiring submission of proofs for investments. The user is seeking advice on how to proceed when documentation for some investments is unavailable. Guidance is offered on uploading supporting documents through the 'proceedings' option.

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Upload supporting documents from proceedings option

133(6) notice for investment proof:
• Respond with available documents: bank statements, contract notes, property documents, and source-of-funds explanations. For investments without documents, provide alternative evidence (bank debits, broker statements, AIS).
• If an investment was made from undisclosed funds, consider ITR-U (if tax is payable and within time) before the AO initiates reassessment.
• Non-compliance: penalty Rs 10,000 per failure (Sec 272A(1)(d)), and possible best-judgement action.

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