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Non filling of returns

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 March 2017 hello expert,

My question is that I have no taxable income from last three years, now under compliance section of efiling website shown that CIB-502 Contract of Rs. 10,00,000/- or more in the Commodities Exchange, whereas I am never traded in commodity market.Infact 4-5 years ago I opened a Demat account but after some time stop trading even I don't have any holding shares too, so please suggest me how can I deal with this problem
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CA Shubhanshu Jain

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CA Shubhanshu Jain (Expert)
15 March 2017 for which year question is raised by dept
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Querist : Anonymous

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Querist : Anonymous (Querist)
17 March 2017 FY 2010-11
CIB-502
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
24 October 2021 Keep ready the broker's statement along with bank passbook, for reply, in case query raised by ITO.

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