what will be satisfactory reply to a notice of non filing of returns.

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This topic contains 0 replies, has 1 voice, and was last updated by  venkat032 8 months, 2 weeks ago.

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    venkat032
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    My father is a farmer and family is completely dependent on agricultural income. Recently, my father received a notice from IT department for non filing of ITR . They sought explanation for some bank transactions above Rs.2lakhs and above Rs.10lakhs which was agricultural income and advance received for the sale of agricultural land located in a rural area respectively. But the deal was not materialized and my father returned the advance to the buyer. I have created efiling account. What is the satisfactory information to be provided in REMARKS section.
    Thank you

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