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Please Help: Not file itr return for ay 17-18

Posted Date : 12-May-2018 , 04:14:29 pm | Posted By: Abhishek Srivastava

Category : Income Tax | Answers : 0| Comments : 2| Hits: 218

Dear sir, If i could not file my income tax return for ay 2017-18 but my bank statement show heavy cash transaction during ay 17-18.so what should i do now

Comments
Posted By : YUGENDRA NAGPURE 22-May-2018, 06:01:39
Wait for notice u/s 142 (1) of IT Act 1961.By serving a notice under section 142(1) your AO may ask you to: Furnish a return of income in respect of which you are assessable, where you have not filed your return of income within the normal time allowed (which may include return in respect to your own income or income of other person for which you are liable to be assessable), for e.g., in case of a legal guardian/ deceased person;
 
Posted By : Priyank Nilesh Vora 12-May-2018, 11:39:28
Compute your income and if tax is payable , make tax payment
 

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