Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

BJA

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

01 April 2010

HELLO FRIENDS, MY CLIENT IS NRI

BUT HE HAS bank a/cs, PO A/CS, LIC AND MANY OTHER PROPERTY IN INDIA

HE IS ABROAD COMES ON VISIT SOMETIMES

HE NEVER FILED INCOME TAX RETURN IN INDIA

ITS CARE TAKER IS ALSO ABROAD NOW

THERE COMES NOTICE FROM INCOME TAX DEPTT. TO PRODUCE ALL DOCUMENTS BEFORE IT

NOW WHAT CAN I DO

I HAVE RQUESTED MY CLIENT TO E- MAIL ALL DOCUMENTS

WHAT OTHER THINGS I HAVE TO DO

PLS GUIDE ME

I AM IN VERY NEED

Reply
Follow
Share

1 Replies

shushantsinghal (BCOM(HONS),C.A) (283 Points)
Replied 01 April 2010

IN CASE OF NRI THERE MUST BE A POWER OF ATTORNEY WHICH STATE CLEAR THAT WHO IS REPRESENTATIVE ASSESSEE................................WHO WILL SIGNED RETURN & OTHER RELEVANT DOCUMENT ON HIS BEHALF............

U JUST WRITE A LETTER TO ITO REGARDING THE NON AVAILABILITY OF ASSESSEE SINCE DOCUMENT IS WITH HIM.....SO UNABLE TO SHOW THE DOCUMENT.......JUST ADJOURN THE DATE WHEN U WILL GET DOCUMENT....

SINCE UR CLIENT HAS BANK A/C IN INDIA (INTEREST IS TAXABLE) ......PROPERTY IN INDIA FROM WHICH (RENT MIGHT COME)......POST OFFICE A/C ALSO I.E MIGHT BE (MONTHLY INCOME SCHEME / R.D)...IF ANY F.D (THEN INTEREST ALSO TAXBLE & ANY TDS TOO) SO U NEED TO PREPARE THE RETURN IN SUCH A WAY THAT NO TAX LIABILITY ARISE.....OTHERWISE HE MIGHT IMPOSE PENALTY U/S 271(1)(C)....