Comment on Taxation for Traders - Introduction
You will have to reply to that notice with all details (P&L and tradebook). Mention that you had no income that year from trading and hence you didn’t file your taxes. Shouldn’t be any issue.
You will have to reply to that notice with all details (P&L and tradebook). Mention that you had no income that year from trading and hence you didn’t file your taxes. Shouldn’t be any issue.