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Income tax return of village panchayat

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(Querist)
15 February 2017 sir. village panchayat received a letter from income tax for non filing ITR for cash deposit more than 10 lakhs in saving account . is it necessary to file ITR by panchayat ?
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Vaibhav

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Vaibhav (Expert)
15 February 2017 You have to explain Income Tax department that panchayat is not include in any status.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
15 February 2017 Say it is Govt authority no need to file any return.
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Vaibhav

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Vaibhav (Expert)
15 February 2017 Yes sir agree with you
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Krishna

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Krishna (Querist)
16 February 2017 thanks vaibhav & seetharaman sir

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