Itr 1 (sahaj) return file

This query is : Resolved

SUROJIT SARDAR (Querist)
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27 October 2015 A PERSON HAS RECEIVED A NOTIFICATION OF F.Y. 2012-13 AS HE HAS NOT FILED ANY RETURN IN THAT YEAR. HE BOUGHT SHARES OF RS. 1 CRORE AND SOLD SHARES OF RS. 95 LAKH. HE HAS PAID TDS. INCOME TAX DEPARTMENT WANT TO KNOW THE REASON OF NON-FILING RETURN. WHAT DOES HE CAN DO NOW IN F.Y. 2015-16? DOES HE HAVE TO PAY PENALTY?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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27 October 2015 Please go through the correspondence received and if it says reply should be made through 'compliance module' do it online selecting the option 'return is under preparation'.

Then prepare return and file offline before your jurisdictional Income tax officer with a copy of the communication received.

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