Answer

1. F

   Facts

   You should give what the notice asks, for the years and accounts it names. If the request seems too wide, you can give the core documents and ask for the request to be narrowed. Refusing outright is risky.

2. P

   Provisions and law

   • Sec 133(6) (now Sec 252(1)(a))The officer can call for information useful for or relevant to any enquiry or proceeding
   • Sec 272A(2)(c), Income-tax Act 1961Penalty of ₹500 for every day of failure to furnish information called for under Sec 133
3. A

   Analysis

   Officers can call for information relevant to an enquiry, and bank statements are standard. List all your accounts, attach statements for the years asked, and highlight the entries that relate to the transaction under enquiry. If an account was closed, say so and give the closing date. A reply that is organised and complete is less likely to trigger more questions.

4. C

   Conclusion

   1. 1List every account held in the years asked.
   2. 2Download statements and name files by bank and year.
   3. 3Highlight entries relevant to the enquiry.
   4. 4Submit with an index and note any closed accounts.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.