Received Sec 133(6) Income tax notice regarding NSEL transaction of A.Y 2014-15..
NSEL is closed down in A.Y 2014-15 after scam.. And loss amount is not shown in that return..We Shows amount in debtors side because of NSEL release some amount as per court orders..
Now how can I deal with this matter? 🤔
Submit the financial statements with supporting documents as stated above. As its loss there would not be any tax liability.
CAclubindia
