I had booked a property(plot) in 2006 for 1,37,500.00 with monthly payment scheme offer by builder. I paid total amount from 2006 to 2010.The property was booked in my name & payment made by my wife from saving/salary account.
The property was registered in 2014 by builder @ booking amount of Rs 1,37,500.00. But market value in May 2014 when property was registered was Rs 10,95,000.00. All plot pymts were made to builder by cheque & stamp duty was paid for Rs10,95,000.00.
In Aug 2015 , IT Officials sent me letter to provide source of income stating the property is undervalued (registered @Rs137,500.00 instead of market value Rs10,95,000.00.
As i am working abroad , the ITO harassed my wife, trapped us in IDS & threatened her saying that i will be prosecuted if we dont fill IDS form. Then ITO dictated my wife to fill IDS form on my behalf.
In the IDS form the ITO declared Rs10,95,000.00 - Rs 1,37,500.00 = Rs 9.50 Lacs approx as my undisclosed income. However this amount is the appreciation amount of my plot from 2006 to 2014.
ITO forcefully made my wife to fill form-1 (IDS Form) & passed the order to issue form -2 to make pymt of Rs 4.30 lacs approx as penalty.
Further my wife paid Rs 1.0 Lac in Nov 2017 without consulting me.
I would like to know the procedures
1.to withdraw the IDS form
2.collect back Rs 1 lac paid to IT Dept.
3.to isuue legal notice against ITO including IPC section under which i can give legal notice for harassment , manhani , torture, threatening for prosecution.
Pls. advise urgently.