Regarding tax treatment
This query is : Resolved
14 July 2013
Sir, My father sold a agricultural land in 25 lacks and the govt. cost of land is 79 lacs. He got payment by cheque and in the mean time he transfered the money through in my S/B Account 25 lacs. I gota notice from income tax department . Till date i hadn't file any return. The notice contain through AIR the department got information , now what i should do ?
14 July 2013
The facts given in the query are not fully disclosed.
.
If you have not filed your return earlier; file now if it is not time barred.
.
Better you consult the case with an expert to avoid undue hardships from the I.T. Dept.
.
If you have not filed your return earlier; file now if it is not time barred.
.
Better you consult the case with an expert to avoid undue hardships from the I.T. Dept.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
