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Return against Sec142(1)

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2010 One of my friend recd a notice u/s 142(1) for furnishing return, but from last two years, he was not filing his return, as he closed his business 2 years ago & now he doesnot have Income exceeding Minimum tax slab.

Kindly suggest me, what should we do now & which ITR form should be used as ITR-4 is for PGBP, but he is not operating any business now.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
22 February 2010 file itr1 or 2 as per your source of income

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