148 REOPENING

This query is : Resolved

TEENA NAGADA (Querist)
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21 June 2022 MY CLIENt have recieved a notice u/s 148 from 2013-14 till 2017-18 where in it is mentioned that depty director of Income TAx Investigation have passed to AO information which forced him to initiate 148 proceedings. The information given by investigation wing mentioned that Individual have not disclosed the income earned through HUf Bank Account. Ao have added all credits to Income chargeable to tax.

Question of Strange

While huf is filing separate return and disclosing all transaction done through its bank why Investigation wing is misleading Ao to reassess the same transaction in Individual ?

2) can i approach and seeek a clarification from Investigation officer what information or supecision was there based on which the income of HUf was to be added in Individuals Income ?

3) the client is in hi tension and can not afford the huge fees for none of his mistake

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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21 June 2022 You can't approch investigation wing, they will not entertain you.
Reply to the notice as separate return filed for huf and considered the income.
Contact the AO only.