Question

Dora Burch files her 2019 income tax return on March 2, 2020. She receives a nil assessment on June 3, 2020. However, on December 28, 2020, she receives a reassessment indicating that she owes a substantial amount of additional tax. She would like to object to this reassessment. Required: Indicate what additional information should be obtained during your next meeting with Dora Burch and what steps should be taken if you decide to accept her as a client.

Answer 1

here is my Answer for the Above question

1) additional information should require for answering reassessment with tax liabillity?

1. Assessee income tax return copy

2. details of break up of incomes mentioned in ITR

3.proofs that required to proove no concealment of income

4. ITR login details for e proceedings

5.PAN card,address proofs

6. Bank statements for the year

7. property details

In this case reassessment notice is issued with in one year so notice issued before time limit.

if the client filed return with correct incomes and having necessary proof documents to proove that there is no concealment of income, then we can accept her as a client