I received a 148 notice dated March 31,2021 about “escaped income” in my 2015-16 ay return from AO Chennai who asked me to send copy of tax return, which I promptly did.<\/p>\n
A notice under 147 was sent dated 30-9-2021 by AO decribing the nature of income (USA social security income).<\/p>\n
I replied promptly that this “income is NOT taxable in India per DTAA article 20(2) and USA can tax this pension.<\/p>\n
No reply from AO and then on DEc 1,2021 I get two notices. The same notice u\/s 147 on social security income which has escaped assessment and also dated Dec 1,2021 notice under 142(1) asking bank statements for 2015-16 ay, proofs for various expenses,deductions 80G,80C,80 QQB,80D etc etc. I promptly replied with all details.<\/p>\n
The same reply sent to AO in Oct 2021 was sent reg the 147 notice as substance of notice was same.Also explained that the SS income particulars were given in the FSI section of my return, which they did not bother to read.THey thought it was anasset and said that the income is not shown in the FA section of the return.<\/p>\n
No further information from the dept.<\/p>\n
Any views,legal or technical comments ..HOW CAN AN EXEMPT INCOME IN INDIA ESCAPE ASSESSMENT? NO ONE FROM THE DEPT HAS BOTHERED TO CHECK IF THE INCOME WAS TAXABLE IN INDIA, NATURE OF INCOME ETC.<\/p>\n
Any suggestions for the assessee?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[497,498,496,293,499],"class_list":["post-24897","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-dtaa","qa_tag-india","qa_tag-pension","qa_tag-reassessment-notice","qa_tag-usa"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/24897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=24897"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24897"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=24897"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=24897"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=24897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}