income tax

Share This Thread
  1. bk_upadhyay

    bk_upadhyay New Member

    One guy has sold non rural agricultural land in Rs. 30 lacs in 2010-11. from which some amount has been expend in medical & other head. against one letter of IT Department guy was given a clarification of this that this amount credit in our bank account due to sold the agriculture land.
    In 2015 he has expired & what ever amount in his account of Rs. 17-18 lacs has been transferred his name of wife. at this moment one agriculture land & one house are their name.
    Now income tax department has send letter regularly to pay the tax, int & penalty. As per one adviser need to pay the 20% of tax on Rs. 30/- along with interest & penalty.
    kindly suggest what should be do.
    Last edited: Sep 20, 2016
Draft saved Draft deleted
Similar Threads Forum Date
Income Tax on Delay Penalty adjusted by builder in final demand Income Tax Nov 14, 2018
Income Tax Return Filing Date Income Tax Oct 6, 2018
How To Check Income Tax refund Status? - Simple steps by step guide. Income Tax Oct 5, 2018
Section 44AE of Income Tax Income Tax Sep 20, 2018
Income Tax on sale of a house Income Tax Jul 17, 2018