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Income Tax Notice Response Template

Srihari Kosaraju wrote a letter in response to a notice from the Income Tax Officer regarding non-remittance of TDS for the fiscal year 2020-2021. He explains that in the previous fiscal year 2019-2020, he had purchased a house for Rs. 24,00,000 from a non-resident Indian and had duly remitted TDS of Rs. 5,18,400 for the transaction. However, he clarifies that he did not make any such purchase in 2020-2021 and therefore did not have any TDS amount to remit for that year. He provides documentation of the 2019-2020 TDS remittance for reference.

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5K views1 page

Income Tax Notice Response Template

Srihari Kosaraju wrote a letter in response to a notice from the Income Tax Officer regarding non-remittance of TDS for the fiscal year 2020-2021. He explains that in the previous fiscal year 2019-2020, he had purchased a house for Rs. 24,00,000 from a non-resident Indian and had duly remitted TDS of Rs. 5,18,400 for the transaction. However, he clarifies that he did not make any such purchase in 2020-2021 and therefore did not have any TDS amount to remit for that year. He provides documentation of the 2019-2020 TDS remittance for reference.

Uploaded by

sriharikosa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Income Tax Notice – Reply Letter

Date: 01-02-2021
Place: Guntur.

From:
SRIHARI KOSARAJU
Flat no 202, Usha Residency, Floor 1,
SVN Colony Extn., Tarakarama nagar 4th Lane,
Guntur 522006 , Andhra Pradesh.
Ph: 9999254263.
Email: srihari.kosaraju9@gmail.com

To:
O/o THE INCOME TAX OFFICER (TDS),
Ward-1,2nd Floor, Central Revenue Building,
Kannavarithota , GUNTUR.
Email: guntur.ito.tds1@incometax.gov.in

Sub: Clarification/explanation for Non remittance of TDS for FY:20-21 (Tan: VPNS17629D)
Ref: Letter dated 21/01/2021; DIN & Letter No: ITBA/COM/F/17/2020-21/1029975170(1)

Dear Sir/Madam,

In reference to the aforementioned subject, I (Srihari Kosaraju) have remitted TDS amount
Rs 5,18,400 as per section 195 of the Income Tax act to central government in pursuance to the
purchase of house (of the above referred address) valued at Rs 24,00,000 lacs from a non-resident
Indian (Name: Bodepudi Usha rani, Sandiego, CA, USA , Passport no : Z 15710857). Registration of the
above property was done on 18th day of Oct 2019 (FY”19-20).

Note: Attached details for FY’19-20 TDS remittance for reference,


1. Challan Rs. 5,18,400
2. Bank counter foil.
3. TDS Statement.
4. Registration document first page snap for reference.

Explanation for Non-Remittance of TDS for FY”20-21: During this financial year I haven’t done any of
the above referred transaction (i.e. purchase of house) like I have done in FY”19-20 due to which I
didn’t remit any TDS amount.

hope above explanation clarified for the notice letter issued.

Yours faithfully,
Srihari Kosaraju.

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