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Notice from income tax (time deposit exceed rs. 2,00,000/-)


14 March 2018 MY SISTER RECEIVED NOTICE FROM INCOME TAX THAT TIME DEPOSIT EXCEEDING LIMIT Rs. 2,00,000/- IN FY 2013-14 THEN WHAT SHOULD I DO

15 March 2018 They have sent this notice with a view that if you have income approximately to 2,00,000/- then why is the return not filed and declared as income. You can login to e filing account if you have or create one and file response to notice saying you have earned this income from exempt income or option non taxable income or gift received etc as suitable if you have not filed the return if you have filed return then kindly select that option and give the details.


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