Income Tax department is sending notices to all PAN Holders
on the E Mail IUDs available with the department or on the addresses available
with the department for filing of returns for Asst Year 2016-17 and Asst Year
2017-18.
The Income Tax department is sending notice as given
hereunder:
Dear
Taxpayer,
Greetings from Income
Tax Department.
It is observed that
you have not filed the Income Tax Return for ABZPAXXXXN for AY 2017-18.
Therefore, it is
advised that you may ascertain your tax liability for AY 2017-18 and file your
Income Tax Return (ITR) without any further delay. Last date to file your
return for AY 2017-18 is 31st March 2018. However, you are advised to file the Income Tax
Return much before the last date to avoid last minute rush.
Please note that the
law has changed and ITR for AY 2017-18 CANNOT be filed
beyond 31st March 2018.
Please also link your
PAN with Aadhaar on the e-Filing website. If your mobile is already linked with
Aadhaar, then you can e-verify your ITR using Aadhaar OTP. e-Verification is
Simple and Easy, you can e-Verify your return through NetBanking /
Pre-Validated Bank Account / Bank ATM / Pre-Validated Demat Account. No need to
send ITR-V to CPC Bangalore if you e-verify. To know more on
e-Verification click
here.
In case you require
any assistance in filing of Income Tax Return, please visit www.incometaxindiaefiling.gov.in or
call on 1800 103 0025.
Disclaimer: Please
ignore this email if you have already filed the IT Return for AY 2017-18.
The Income Tax department is sending the notices on the
basis of the information received from
-
Banks for deposits, withdrawals and loans for
purchase of property, vehicle or any other assets.
-
Financial institutions for investment in Mutual Fund and investment in shares or
company deposits or loans taken for any purpose i.e purchase of property or large investment.
-
Registrar of property on sale or purchase of
property
-
Builders for receiving of large amounts on
account of booking or for assured returns.
-
Insurance Companies for investing or taking high
value policies or on maturity of policies.
-
Tour operators and travel agents for booking
foreign tickets or high value booking of hotels.
-
Hotels for receiving large payments for booking
of party banquets or lawns for parties.
-
TDS payments for making payments after tax
deduction from TDS returns.
Every person who has taxable income above Rs.2.50 lacs is
liable to file Income tax Return. The Income Tax return is required for VISA,
for loan from bank or financial institution for purchase of property, Vehicle
or education loan. Generally after receiving VISA application or loan
application the applicant is required to submit three years Income Tax Return
along with other documents. As per the provisions of Income Tax Act up to Asst Year 2017-18 the income Tax
return can be filed till 31st March of next Financial Year so the
income tax return for two years can be filed at any point of time but with the
amendment in Finance Act 2017 now the Income Tax return can be filed without
any penalty for one year only.
So any person after 31st March, 2018 only return
for Asst Year 2018-19 will be filed and 31st March 2018 is the last
date to file the Income Tax return for
asst Year 2016-17 and asst Year 2017-18.
