Comment on Notice under Section 139(9)? - Possible reason
commented on
23 Jun 2016, 08:43 AM
Your response is right. They might ask you to visit them and prove it.
It is best to file ITR, even in loss, so you don’t get such notices. If you have done over 1 crore turnover, you will also need to get an audit done. Check this module, where we have explained everything that you need to know.
If you are using the benefit of section 80C, you will have to file your returns, but yeah no need to pay any tax.