22 August 2017
My friend has received a notice u/s 143(3) to furnish return of income for A.Y. 10-11(in response to earlier notice u/s 148). As well as to produce necessary evidence and profit and loss account, Balance sheet and capital account for F.Y. 09-10 and F.Y. 10-11.
Further it has also been asked to provide source of income in commodity transaction occurred in F.Y. 09-10.
My friend has not filed any return for any assessment year.
22 August 2017
Notices like 148 /143(3) has to be responded in time. Now ,you may seek time to comply with the notice if documents called for are not ready. In the mean time take professional advice to make ready the said documents so as to submit with in the extended time.