Income Tax Preparation Services :

We are owned and operated income tax preparation service. We will prepare your income tax return in our offices or in your home or office. View About Us for more information about Income Tax Service.

  • Try us out! We prepare personal and business returns with e-file.

  • For the best value in tax preparation see more at Income Tax Services.

  • Income Tax Academy Become A Income Tax Return Preparer Learn How To Prepare Taxes and become a Tax Professional.

Register Now !

Respond large value transaction, Income Tax Department, high-value transactions, submit response

The Income Tax Department has sent 7 lakh letters seeking information about 14 lakh high-value transactions, which were carried out without quoting permanent account numbers (PAN). If you receive such letter form income tax department you can submit on-line response to link large value transactions appearing n order to bring tax evaders under the tax net, the Income Tax department has sent letters request for linking of large value transactions to a valid PAN. These letters are sent ... This functionality is to facilitate the user to view and submit response to Non-PAN large value Transaction. accounts which have large value cash transactions. The details of bank account are visible under “Compliance” section of the e-filing portal of the related persons. The PAN holders are requested to submit the on-line response as under: Step 1: Login to e-filing portal at https://incometaxindiaefiling.gov.in. If you are not. Non-PAN Transaction, large value cash transactions, IT Department

The PAN holders are requested to submit the on-line response. This has been in effect since Jul 2016. Now with Demonetization drive many people are saying that one may get Income Tax Notice for Bank accounts with large value cash transactions. This article explains how to see large value cash ... Not all financial transactions are considered as High Value financial Transactions by the IT Department. There are specific definitions for high value financial transactions. If you partook in any of the following transactions and didn't quote your PAN number, then they will be considered as High Value Non-PAN Transactions. Logon 'e-Filing, respond Assessing Officer, Login e-filing portal,

High value transactions need to be updated to the Income Tax department by the entity with which you carry out such a transaction. This is in order to ensure taxes are ... Check the validity of the notice as well as the duration within which you have to respond to the Assessing Officer. Usually, a scrutiny notice is served...

Respond against the Large Value Transaction

Perform the following steps to reply on such notice:
https://incometaxindiaefiling.gov.in, submit on-line response

Step 1 Logon to 'e-Filing' Portal www.incometaxindiaefiling.gov.in
Step 2 Go to the 'Compliance' menu located at upper-right side of the page ⇒ Click 'Non-PAN Transaction'
Step 3 Enter the 'Transaction Sequence Number' (TSN) ⇒ Click Search
Step 4 Click 'Submit to View further details'
Step 5 Choose the correct response mentioned under 'Submit Response' options ⇒ Click Submit
Step 6 To check the status of the submitted response, Go to the 'Compliance' menu located at upper-right side of the page ⇒ Click 'View Response to Non-PAN Transaction' ⇒ Click 'TSN' ⇒ Click 'Click here to download the PDF' Pdf file will get download at your desktop, open the file to view the status.