I got notice to file return for 2012-.2013 period for share market transection.
It is defficult to get all the accounts and normally it is loss.
So how to compile tha accounts and file return.
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Income tax notiice for filing return for share transections.
Replies (2)
You will have to accumulate the data and provide transaction details. I dont think you can file a return now, ony give explaination.
| Originally posted by : Uttam | ||
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You will have to accumulate the data and provide transaction details. I dont think you can file a return now, ony give explaination. |  |
Yes I am collecting data.
But my problem is for derivatives trades are done at five percent margin so I have to show margin as turnover or full value of contract.
And I have recieved letter from IT dept for filing return since data recived from exchanges.where trading is done in shares.
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