Tax demand Raised

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G
407 Points Posted on 10 May 2023
I have already paid advance tax for assesment year 2005-2006 but tax demand was raised by ITO. Went to Ito with details of Tax paid but he is asking for confimation from bank regarding the payment. but bank is refusing to give confirmation stating its very old transaction and they dont have record. Now how to deal with the same. kindly reply
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On 10 May 2023 at 11:52 Report
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Quick Summary
A taxpayer is facing a tax demand from the ITO for the assessment year 2005-2006, despite having paid advance tax. The bank is unable to provide confirmation for this old transaction, leaving the taxpayer unsure how to proceed. Advice suggests using bank statements or passbooks as proof of payment, and requesting a formal confirmation letter from the bank, even if it incurs charges.

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SEO Sai Gr. Hosp.
212475 Points Posted on 11 May 2023

If you have paid through banking mode, provide the details from your bank passbook or statement.

In case by cash, little chance of convincing ITO.

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On 11 May 2023 at 10:56
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G
407 Points Posted on 11 May 2023
I have made Payment through cash at Bank counter. can i get confirmation of payment letter from bank and submit the same to ITO
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On 11 May 2023 at 11:08
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SEO Sai Gr. Hosp.
212475 Points Posted on 11 May 2023

Bank should oblige to your written request with offer to pay liable charges.

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On 11 May 2023 at 12:22
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Profession
28261 Points Posted on 12 May 2023
Send a letter requesting for a confirmation and submit ASAP.
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On 12 May 2023 at 09:42
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G
407 Points Posted on 12 May 2023
Does bank retain 21year old record. If not how to convince ITO regarding the payment transaction
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On 12 May 2023 at 10:51

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