10 August 2018
Hi sir, In this situation the employe has only salary income, regarding to that income he filled itr -1 and he already got a refund. Later on someone has filled a return relating to same f.y and shown as tax payable 217000. Now the income tax departments send a notice mentioned that CIB-403 exceeding 200000 with banking company. Sir in this case what is the procedure to give response to the department
11 August 2018
based on what you are able to verify the response needs to be given whether you agree with the notice or not and provide department with relevant records to back your response.
15 August 2018
Hi sir, thank you for sharing your knowledge.. F. Y 2016-17 assessee files a return by showing refund and he got that refund.( here taxable income is 49000 only)... But after that refund , mistakenly filled the return once again by showing taxable income is 1450000 and tax payable is 230000... In this case we received a notice u/s 143 (1). plz help me out from this case. how to give response to this notice
16 August 2018
then re-revise the return. most probably it will lead to transfer of the case to the jurisdictional tax officer. At that stage, you will have to explain the earlier mistake to the officer!