I received a compliance notice as i have not filed any return for 2012-2013, actually i have paid above 2 lakhs for credit card bill payments. I don't have any taxable income. the money spent was for family and friends and they have paid back the same. now what should i do.
I registered in the income tax website and can see the compliance form.
Shall i just fill the online form with the option ITR not filed and select the reason No taxable income.
Will i have to do anything else, i am very much tensed can somebody help me.
CAclubindia
