05 May 2013
Notice U/s 148 AIR (I was Purchase a land at noida f/y 2008-2009)income tax department ka notice aaya hai ke plot sale keya hai. lakin humne plot purcheskeya hai. kya ye notice khatem ho sakti hai.
05 May 2013
First of all, please make sure that you have shown plot transaction in your books of accounts. Then, If you have purchased the plot, you should reply to the notice with proof and meet the IT Officer, explain him the situation and request him to drop the notice. Please take advice of any CA.