01 January 2012
Dear Expert, I have received a notice from income tax office in which they asked me to furnished " Statement of affairs for the year ending 31/03/2009,31/03/2010 and 31/03/2011" PLz tell me I show only Profit & loss A/c & B/S only or their total books of Account.
My Next query is wheather ITO officer may ask by a simple notice ( without mention any sec over it) to furish their staement of affair, Is this notice is valid
wording of notice is....
To Mr..... .......
Subj: Enquiries regarding Tax status under income tax,1961 You enjoying income beyond taxable limit in preceding years, you are required to produce following document( Statment of Affair) at ITo ofice.
07 January 2012
The information be called u/s. 133. Wait for another letter. If wish to file the documents than file balance sheet & not statement of affair. But you must prepare statement of affairs to check if all income is returned.