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Showing posts from February, 2017

Online Response to Cash deposits between November 9 and December 31

On February 1 all those who had deposited cash of more than Rs. 250000 in OLD CURRENCY between the designated dates received the following notices from the Income Tax Department: "Income-tax Department (ITD) has received 1 information record(s) showing total cash deposits of Rs. xxxxxxx relating to you. ITD has enabled online verification of the cash transactions and there is no need to visit Income tax office for submission of response. The information in respect of these cases has been made available in the e-filing portal. Please submit your response by following the below steps. Step 1: Login to e-filing portal at https://incometaxindiaefiling.gov.in Step 2: Click on “Cash Transactions, 2016” link under “Compliance” section. Step 3: The details of transactions related to cash deposits during 9th Nov to 30th Dec 2016 will be displayed Step 4: Submit your online response for each transaction. Click here to refer the “Quick Reference Guide for Onli...