How do I respond to income tax intimation?

I am a salaried individual trading in F&O. I have filled my ITR 1 and did not report F&O as I had incurred loss in it. Now I have received intimation 143(2) from income tax asking me to clarify my derivative returns.

How do I respond to income tax intimation ?

Hey Yatrik,

As you have received the 143(2) , you need to reply with the facts to the Jurisdiction officer stating reasons for not including the same in the ITR.

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