01 August 2016
My uncle had registered their Pan in Income tax efiling website in oct 2015, and he hadn't filed the return for F.Y. 2013-14. He recieved Salary Rs.36000 and Rs600000 from a contract on which tds Rs6000 u/s 194C is deducted. In march2016 he received Mail from "DONOTREPLY@incometaxindiaefiling.gov.in" which is as under
This is the reminder to our email sent to you on 06-Nov-2015 in compliance to Non-filers Monitoring System (NMS). It has been observed from our records that till date you have not filed your income tax return. Please submit your online response as under: Step 1: Login to e-filing portal Login to e-filing portal at https://incometaxindiaefiling.gov.in Step 2: View Information Summary Information summary can be viewed under compliance section on the portal. Mention if the information relates to other PAN Step 3: Upload Return or submit details Upload the return on e-filing portal after paying due taxes. If return is already filed, submit details under 'Filing of Income tax return' under compliance section. You may keep the printout of submitted response for record. Non-filers with potential tax liabilities are identified and monitored under Non-filers Monitoring System (NMS). A "Step by Step Guide" for NMS is also available for detailed guidance on the e-filing portal home page under the 'Help' section. If you need any assistance in submitting the response, please call the e-filing toll free number 1800 4250 0025. Please submit response by 30-Mar-2016 Note: Please ignore this mail, if you have already submitted the return/response. Regards. e-filing Team for Compliance Management Cell Income Tax Department
Now should i file return and in compliance form can i take benefit of presumptive income and show 8% profit(for income Rs.600000) and fill reason as "NO TAXABLE INCOME" or should i fill any other reason.
01 August 2016
yes, you can very well go ahead and file the return. No issues. You can also avail the benefits of section44AD......(8% or actual whichever is more)