28 May 2013
I have received a letter from the income tax department kalian stating that myself, my brother and sister have had a property deal of Rs. 78 lakhs and the tax on the same has not been paid. however we (myself and my brother and sister ) do not have any such property on our joint names neither on our individual names. there was a deal of our ancestral property but the legal heirs are our parents and two other uncles and not us directly, however the income tax letter has only our names and not of our parents or uncles.
CAclubindia
