Comment on Notice under Section 139(9)? - Possible reason

Mark commented on 26 Jul 2014, 09:26 PM

Hi Zerodha,

Thank you for your efforts.

I do F&O trading and I have profits in excess of 8% on my turnover and I have already filed my returns.

After filing my returns, I realized that I have not mentioned my F&O turnover (gross receipts in column 53a in ITR4) in my tax returns. I only mentioned my profits (column 53b).

Is it alright or will I need to revise my returns to avoid a notice?

Any help will be appreciated.

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