How to respond to Income Tax notices of High Value Cash Transaction on incometaxIndiaefiling.gov.in 

By | May 28, 2018
(Last Updated On: May 29, 2018)

Respond to the notices related to High Value Cash Transaction

Perform the following steps to reply on such notice:

Step 1Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in
Step 2Go to the ‘Compliance’ menu located at upper-right side of the page ⇒ Click ‘Accounts with Cash Transaction’
Step 3List of Bank Accounts with be displayed on the screen, Click ‘Submit’ to provide the response
Step 4Choose the correct response mentioned under ‘Response’ column ⇒ Click Submit
NoteIf you have made cash deposit during Nov 9, 2016 – Dec 30, 2016(During Demonetization Period), 
Perform the following steps to reply on such notice:

Step 1Logon to ‘e-Filing’ Portal www.incometaxindiaefiling.gov.in
Step 2Go to the ‘Compliance’ menu located at upper-right side of the page ⇒ Click ‘Cash Transaction 2016’
Step 3Click Submit ⇒ Enter the mandatory details ⇒ Click Submit.
If you will see ‘No Records found’. As per the ITD, the cash deposits information on the online portal is dynamic and will be updated on receipt of new information, response and data analytics. So, You may also receive an Email / SMS (if registered on e-Filing portal) from the ITD, regarding Compliance notice (if any).

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2 thoughts on “How to respond to Income Tax notices of High Value Cash Transaction on incometaxIndiaefiling.gov.in 

  1. Pingback: Income Tax Efiling Website : Free Study Material - Tax Heal

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