E filling Notice

Manoj Kumar Das (Querist) 21 September 2017 This query is : Resolved
Dear Sir
I have got notice of letter regarding efilling for income tax return FY2014-2015 w.r.t Assessment year 2015-2016 against my wife.she is a house wife.I was doing job and file income tax return of above respective financial year.But now I have retired from service.I deposited some amount for my wife in her bank account during that financial session.I have also submitted PAN Card of wife to the branch manager with adhhar card details.Still I returned file income tax update.Then,what I have to do,plz suggest me regarding this matter.

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Rajendra K Goyal (Expert) 21 September 2017
You have received notice to file return of your wife, file the return after discussion with your tax consultant / CA.

Guest (Expert) 21 September 2017
No escape.

Submission of PAN Card to bank cannot substitute the requirement of tax return, if the total deposit exceed the threshold limit in that particular year. You will have to show the amount as gift to your wife and the income for wife can only be accounted for appropriately by submission of ITR. You will have to file tax return of your wife.

Dr J C Vashista (Expert) 23 September 2017
You should have posted this query in CA club since there is no dispute requiring advise from legal experts.

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