Notice under 143(2)

aparna milind (4 Points)

06 August 2016  

I have received incometax notice via e-mail under 143(2)- Limited scrutiny- for financial year 2013-14

It mentions following Issues

i. Deposits in cooperative bank
ii. Interest Income Mismatch

I have deposits in co-op bank and I have included the interest received in my income. But during that year co-op banks were not updating the interest in 26-AS, so my 26-AS does not include it. Could this be the reason for interest mismatch?

Also my income is much below taxable income.

Please let me know which is the best way to handle this query. 

Thanks