Summon under section 131(1A)
I received a summon under section 131(1A) for attendance and to produce a) books of accounts, b) statement of all bank accounts, c) details of all properties acquired during the period 1 Apr 205 till date. I won't be able to present myself on the required date, as I am currently out of India (NRI, working in Gulf). My question is;
1. Can I seek an extension for this or can I authorize someone to attend on my behalf?
2. I have purchased a property of around 36 lakhs in 2016 (payment made through NRE account). Is it normal to receive this kind of summon, for such transaction?
Grateful for your guidance on the best approach to handle this, please
Thanks and regards,
Asked 11 months ago in Income Tax from Saudi Arabia
Thanks for taking out time to provide your expert opinion on my case. As suggested, I will request for date extension.
And with regard to the suggestion of Mr. Kumar, although I have not received any notice for confirming the transaction from the authorities, should I do the efiling now?
By the way, how can I opt for online scrutiny, as suggested by Ms. Jain.
And as requested, I am sharing the notice that I received; and since there is no provision of attaching the document here, I am reproducing the same, by typing hereunder;
Summons to the Assessee/Witness under section 131 (1A) of the Income tax Act, 1961
Whereas your attendance is required in connection with the proceedings under the Income tax Act in your case, you are hereby required to attend my office on 24th Jan 2018 personally to record a statement on oath and to submit the following documents.
i. Please produce books of accounts, if any maintained by you for the F.Ys 2015-16, 2016-17 & 2017-18 (to till date).
ii. Please produce the statements of all bank accounts held by you from 01.04.2015 to till date.
iii. Please produce the details of all the properties purchased by you during the F.Ys 2015-16, 2016-17, & 2017-18 (to till date).
iv. Please explain the sources for acquisition of the above properties.
v. Please furnish the copies of Returns of Income filed by for the A.Ys 2016-17 and 2017-18.
Without prejudice to the provisions of any other law for the time being in force if you intentionally omit to so attend and give evidence or produce the books of account or documents, a fine up to Rs. 10,000/- may be imposed upon you under section 272A(1)(c) of the Income tax Act, 1961.
Asked 11 months ago