to all
pls reply to my querry
one is trading in shares,
no income at all neither from trading nor from any other source from FY 2009 till FY 2013
money taken on loan from friends or gift from relatives
this activity is being done since financial year 2008-2009
now in the financial year 2013 2014
he gets a notice from the ITD stating that
" ITD has come to know from its sources that some financial activities is being done by you please inform us the status of your ITR for the FY 2009 2010, FY 2010 2011, and FY 2011 2012 in the prescribed format "
in the format
there is certain columns asking the details of ITR acknowledgement number and date if filed and
if there is no filing of return then tick the appropriate box among
--- tax return in process
--- no taxable income
Now viewing all i would like to know your views and steps to be taken by the person
what should be replied to the ITD
regards
CAclubindia
