11 January 2016
Dear sir I recive a Notice from Income tax Department Today, For Cash tranjection of Rs 1200,000 in A.Y. 2012-13. I am not a Income tax Assassee and I not have PAN By profesion i am a farmer. please sugest me .....what Reply...... Thanks
11 January 2016
INCOME TAX DEPARTMENT ASK WHAT IS 12,00,000/- ,HOW TO EARN ,WHAT PURPOSE USING Etc. above amount is forming income send reply or Meet Local Tax Consultant or Chartered Accountant
Querist :
Anonymous
Querist :
Anonymous
(Querist)
12 January 2016
thanks sir I purchase tea from aasam and same was sale in my village and nearby areas, we sell tea and deposite cash in my account and send rtgs to party toward payment for tea, but ihave no invoice regarding this. i sale tea rs. 1200000 during 2012-13, after i close this busniss due to loss,
CAclubindia
