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

T Uma commented on 08 Aug 2015, 03:42 PM

Hellow: I am non-working (Housewife) and only doing share trading under intra-day / delivery segments (cash). Though turn-over is more than Rs. 1 crore , there is a loss of about Rs.2 lakhs so far . In delivery I hold Rs.9 lakhs with a loss showing approx. 2 lakhs i.e. total scrips value is Rs.7 lakhs approx. I have been doing share trading since Feb2014 under Can you suggest as to what action I am required to take/initiate from Income Tax angle. I am very much confused, pls. Regards

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