Question ID : 39309

Notice under section 142(1) for Fy 2017-18

Sir Notice is received under sub section 1 of section 142 for Ay 2017-18 , Can AO ask the bank statement since April 2014 ? Can she also ask Balance sheet PL if the assesse is availing presumptive scheme ? She asked in Notice as : 1. Please furnish your audited financial statement along with all the annexure for the assessment year 2015-16, 2016-17, 2017-18 and 2018-19. 2. Please furnish details of your bank accounts along with copy of bank statements maintained by you in your name, in proprietorship firm name, jointly with others or in any other capacity for the period 01.04.2014 to till date, with complete narration

posted by CA. BISHT RAKESH on Jul 27 2019 12:00AM