Non filing of income tax return notice

This query is : Resolved

Sunil (Querist)
Follow

03 November 2012 Respected All, I have received a notice for non filing of income tax return for assessment year 2011-12, in that notice mentioned that -

It is noticed from the list of non filers based on annual information return in this office that you have not filed your income tax return for the a.y. 2011-12, which you are required to file under the provisions of section 139 (1), of the income tax act,1961. in case you have allready filed your income tax return , please submit a copy of the acknowledgement receipt.
Kindly note that this is a non-statutory letter. However, if no reply is furnished , it will be presumed that you have not filed any return of income for the f.y. 2010-11 relevant to a.y. 2011-12 and further approriate action as per income tax Act, 1961 will be initiated. You are hereby requested to submit your reply on or before 23/10/2012.

As i had my gross income below Rs. 160000/- so i have not filed the income tax return. Now what reply i have to written on which section i have not file the return, kindly draft a letter. I will be very thankful to all of you.

Thanks in advance

CA bhargava

CA bhargava (Expert)
Follow

03 November 2012 Mr. Sunil., though the letter u had got just asked u r return details.i.e whether u had filed or not., but this have much implication., as u have been got this by the filtering made in Annual Information return(AIR)., because., we dont know from where that AIR has been filed against you,
i.e. 1.U r Bank deposits may be more than 10 lacs in the year,
2.credit card payment more than 2 lacs., etc...

so if u r confident about such things then ., no need to file the return., else it is advisable to consult a CA and File u r return....

Sunil

Sunil (Querist)
Follow

03 November 2012 I have just applied for the share of Rs. 200000/- in an Punjab & Sindh Bank I.P.O. but i have alloted much less amount( Rs. 20000 only). It is shown in my 26AS also.

Upgrade to CAclubindia Pro. Subscribe Now!

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

03 November 2012 Please refer your Bank & Credit card transactions in detailed. Incase you have transaction which is covered under AIR. need to give the explanation for that to the A.O