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
Neither my bank account statement nor the copies of contract notes for futures and options trades have been submitted. In my case notice was only for "Securities transactions" and not for derivatives.
My CA will meet the AO when he visits the IT office again in 10-15 days and check the status.
My personal tax returns have been scrutinized even in the past and I can tell you that IT officer can continue to issue notice after notice for the next 1 year in this same case of scrutiny.
So your case will probably take time before it is closed for good. Stay cool and be mentally prepared to make a few rounds of IT department.