Prohibition of benami transaction act

This query is : Resolved 

12 November 2019 My client has received notice from assistant commissioner of income tax under the above act.actually he purchased property jointly and paid cash from his source which amount to 106000. Meager amount. How this happened. Is there any limit to get notice

12 November 2019 There is no limit as such.You can ask the reasons regarding issue of notice.



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