Comment on Taxation for Traders - Introduction

Thank you for your reply.
But is it legally mandatory to file the return in this case ( Turnover less than 1 crore with no taxable income from any of the sources ) ?
( I understand that your advise is to file the audited return and i might get a notice from the tax department in the coming months for non filing of a tax return. )
Thank you in advance for your sincere efforts.

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