WebThis notice may ask you to file income tax return since there may be large value transactions or any entry available in Form 26AS. Confirmation Balance u/s 133 (6) of the Income Tax Act, 1961. Sometimes Income tax authority issued a notice to ask you to confirm the balance outstanding of the 3rd party with you, just to cross verify. Intimation ... WebOct 12, 2024 · Faceless assessment notice u.s. 133.6 of Income-tax Act: Practice of calling un-necessary and elaborate documents to verify transactions of any assesse, that too at …
Issue of notice under section 133(6) of the Income-tax Act 1961 …
WebApr 9, 2024 · income tax had issued notice to bank u/s 133(6), bank had also submitted statement showin 14,00,000/-and instead of third party confirmation, income tax issue … WebWe will discuss section 133(6) notice of power to call information and how to reply it mst hospitality group
Understanding Your CP236 Notice Internal Revenue Service
WebFeb 27, 2024 · As stated above, AOs are authorized to issue notice u/s.133 (6) of the Income Tax Act, 1961 for online verification of cash deposits. If AO believes or finds that cash deposited by any person is not in line with the business of such person, then AO can issue notice u/s.133 (6) for verification of cash deposit. WebSection 133(6) of the Income Tax Act, 1961 — Income Tax Enquiry — Information sought u/s 133(6) had nothing to do with any of the provisions of Co-operative societies act and ITO (Intelligence) was the authorized person who could issue the notice, hence notices issued were valid — Kodur Service Co-operative Bank Ltd and others v. WebMar 20, 2024 · 22 March 2024 As per Section 133 (6) AO shall call for information in relation to such points or matters, or to furnish statements of accounts and affairs verified in the manner specified by the Assessing Officer. So, you need to furnish the information on the deductions mentioned in your return and not documentary evidence. mst hours to cst