My client has Sold a shop for Rs 1750000 and deposited the cash amount in bank. But papers are available only for Rs 300000. Not filed the ITR even. Invested the sale proceeds in purchasing a land!!Received a income tax notice attached herewith. How to deal with it?? Please guide!! Its urgent!! I shall be thankful to you!!
Transfer of a capital asset other than house propery
ANKUSH GOYAL (ARTICLE ASSISTANT) (23 Points)
17 March 2017