NRI client recd a notice under Section 148A(b) on the grounds tht he had purchased a property during AY 2020-21

NRI client recd a notice under Section 148A(b) on the grounds tht he had purchased a property during AY 2020-21.

The Department appears to hv treated the entire value of the property as income for the year & sought an explanation. F

AIR ENOUGH JUSTIFICATION REQD
In response detailed submissions was made along with all supporting evidence..
It was clearly explained tht the client was NRI during the relevant year & continues to hold NRI status.

It was also specifically stated tht since the assessee had no income chargeable to tax in India total income did not exceed the maximum amount not chargeable to tax  he was not required to furnish return of income under section 139(1).

Now the twist –  a fresh notice under Section 129 has now been issued providing another opportunity of being heard to the NRI taxpayer …
A simple question arises:-
why does the Department continue to treat an invts made during the year as income for the year without properly considering the facts evidence & submissions already placed on record???

When the initial response clearly establishes tht there was no taxable income & substantiates the source of investment with documentary evidence the proceedings ought to be dropped instead of being prolonged unnecessarily.

Such repetitive proceedings result in a significant waste of time and resources for both the taxpayer and the Department.

At a time when NRIs are contributing valuable foreign exchange to the Indian economy through investments and remittances, subjecting them to avoidable compliance burdens in respect of genuine investments sends an unfortunate message and increases unnecessary litigation.

WHEN OUR SUBMISSION ARE NOT CONSIDERED THEN Y INCOME TAX DEPT IS AGAIN AND AGAIN ISSUING THE NOTICE.. DIRECTLY PASS THE ORDER..