Hi All,
is there any time limit under sec 143(1)(a) till which income tax department replies to our reply to there notice and after which we are not liable to reply them? last reply I made under this section was in month of September18 and again I got notice with regard to same matter in January 19. am I liable to reply?
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sec 143(1)(a)
Replies (4)
No such clarification.
Every such queries are computer generated, and remains under compliance as pending till not replied. As a blank headed you can re-reply the same answer !!!
thank you so much :)
But just check its reissued with the same matter/reasoning.
this time they are saying it that it should be part of income from other source . But how can builder pay the loan amount to bank when loan was on my name
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