Hi,

I have received a notice u/s 142 (1) to prepare a true & correct returns fof F.Y. 2005-06 & to submit the same to the ITO before a particular date & to be also present on that date in his office.

I want to know what the notice pertain to & what documents should I carry when I go for the hearing.

Please also let me know if I have not filed my returns for F.Y. 2005-06 as I cannot find the acknowledgment copy then what are the consequences of the same. Can I file it now or what is the alternative.

Thanks
Altaf

I am bit confused when i discuss issues related to income tax with others.Actually some people said that you cannot save 100% of your total income earned.But as far as i know there is no section in the income tax related to this.Whatever income is disclosed the department cannot object on ths utilisation of the income. Plz help me in this confusion????

I am bit confused when i discuss issues related to income tax with others.Actually some people said that you cannot save 100% of your total income earned.But as far as i know there is no section in the income tax related to this.Whatever income is disclosed the department cannot object on ths utilisation of the income. Plz help me in this confusion????

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