Hi Aroraji/startrade,
You have seen my post and I have received from IT for rectifying my previous returns.
Since you have got different notice, if you can tell me how and what is the progress in your case than it will help me. What all information did your AO ask you, was it related only to derivative trading or all incomes details he asked to produce.
Thanks
You have seen my post and I have received from IT for rectifying my previous returns.
Since you have got different notice, if you can tell me how and what is the progress in your case than it will help me. What all information did your AO ask you, was it related only to derivative trading or all incomes details he asked to produce.
Thanks
You don't have to do anything for this notice. Unless the AO issues a 154 order where in your return is processed in variance to the return filed by you, you don't have to do anything.
You need to watch out for two things:
1. If any tax demand is raised/refund is reduced
2. carry forward of losses is denied.
If any of the above is not happening, then don't bother at all.