LawRato

Disclosing all account details is necessary to file for tax returns


29-Dec-2023 (In Tax Law)

My Lawyer is asking me to provide him with all my account details to him for filing income tax returns my question is whether all information of all my accounts is necessary to do?

Answers (2)

Answer #1
804 votes
Yes. Else it can be counted as an undisclosed asset and there can be several liabilities and consequences thereafter- such as penal liability, payment of interest etc. Please do contact me for further discussion.
Helpful? LawRato38+ LawRato
Answer #2
550 votes
you are required to tell me what is source of your income you have. it is necessary to disclose you income through Bank statement, not necessary to disclose all your account details. the purpose of such disclosing to the exact figure of you income. Regards Tashriq Ahmad, Adv. Supreme Court of India.
Helpful? LawRato40+ LawRato
Advocate Tashriq Ahmad

Adv. Tashriq Ahmad

LawRato Delhi | 5+ Answers
Chat with Advocate Tashriq Ahmad Chat 

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Connect with top Tax lawyers for your specific legal issue
Connect with a Lawyer
Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

All Answers

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

LawRato