Income tax notice received

It seems that you have received the notice u/s 142(1) So now you have to file the return in response to the notice The time limit for the return will not apply in this case.

You will have to reply for this notice by log in to incometax portal and then go to compliance module there. You will there have to answer that whether u have filed the ITR or not and if not then the reason of not filing. If your return was skipped to be filed because of any reason then u should first file the belated return u/s 139(4) by paying the penalty of Rs.5000/- and then reply the notice in compliance module by logging to incometaxindiaefiling.gov.in

Please any1 reply to my query too.... I need help

Please reply to the compliance notice in efiling portal.

Since your friend/client fails to file return of income within time limit provided under section 139(1), in that case you are getting notice under section 142(1(I) for not filling of return of income within time limit under section 139(1).

Therefore, it is advisable to you to file a return of income by considering all incomes mentioned in AS26 for that assessment year and for cash deposit in excess of 2,00,000/- you need to prepare a memorandum statement of account by mentioning source of such cash receipt and required to be submit to the Assessing officer on demand.

Thank You....

agree with above

ramanuj

 

u have filed the return u s 142

That is just notice asking details to submit compliance in online login into website and submit the compliance ... And filing of return date is also completed and in that notice it will not ask to file return it will tell to submit the details to the respective office and a compliance in online mode look at 26AS also once if any details

It's not a notice for callyou information u/s 142 1 jus chill and reply by logging in your account. Where you need to provide the reason for not filling and also the you can't file belated return for more than 2 years..