Calling forinformation notice u/s.133(6) of it act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2013
One of my collegue has received notice under above section this month. Now ITO has demanded the information regarding Sale/Purchase of Property made in FY-2006-07 claiming that my collegue has not mentioned PAN in that transaction and he also demanded to provide ROI, P & L, Bal. Sheet etc. Now my Qusetion is whether ITO Can demand such information of earlier FY under this section. Also want to know how to answer ITO.
18 August 2013
Any information called the the ITO u/s 133(6) has to be provided. In case you do not respond the ITO has power to levey penalty of Rs. 10,000/-. At the same time he can re-open the assessment in want of details so better supply the details as called for.
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2013
Thank you for your reply.
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- Not a CA , can we prepare balance sheet
- TDS RATE ON RENT PAID TO NRI
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- FREELANCING ACCOUNTANT
- Gstr 9 2023-24
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
