I have received a notice from the Assessing Officer, but the notice does not quote any section of the Income Tax act.
I have received the notice in August 2014 and it is for FY 2007-08 (AY 2008-09). It just has the subject "Verification of Financial Transaction - request for information - regarding" and it goes on to ask about some mutual fund transaction I made in FY 2007-08.
My questions:
1. What section could this notice be under?
2. Would it not be time-barred?
3. I cannot see my Form 26AS for FY 2007-08 on the income tax website. The latest one I can see is FY 2008-09. How can I obtain a copy of my Form 26AS for FY 2007-08?
4. Is the AO not required to state the section under which notice is being issued?
12 August 2014
1. did you file the return for the said tax year?
2. if not, did you have taxable income in that particular year?
3. If the return has been filed, the respond to the notice stating the reference no. of the return so filed.
these notices have been issued under no section and are for the purpose of verifying compliance status. where the tax department is of view that you are hiding something, they may issue 142(1) or 148 notice.
13 August 2014
may possible you not filing the ITR of that year. if you filed the return then copy of return and information asked in notice send to the Ito.
you can see the 26AS from where you see the 26AS of 2008-09.