Intraday and speculative trading

I got a notice giving me 5 days to furnish information of equity transaction of 5 Crores in 2013-2014 the notice is received in 2017-2018 financial year. On seeing my details I saw intraday trading with Axis direct and my intraday turnover for that year was total of 3 lakhs only of ledger statement and under Indian laws my trunover was 3 lakhs or less and my loss was 23029/- rupees for the entire year. My total assets are only 5 lakhs a small 96 square feet shop and they are asking for shares of 5 crores. don't these people have proper information that transaction is speculative under section 44 of the Income Tax Act and why does NSE with so many computers and server not have the infrastructure to find if share trading is intraday or delivery based then how do they calculate the brokerages separately for intraday and delivery based. Today with 10000 rupees even a student or housewife can do intraday of crores of rupees in one month so why not stop this intraday trading business or impose a limit on trading if you have only a few thousand rupees in your pocket to avoid harassment by these people. I have heard there is a number of harassments like asking travel agents to furnish details of clients who have spent more than 100,000 in travel yearly and much other information which is asked from the public and notices are being sent to the public. Is this the only way to collect income tax in the country and we are doing intelligence on our own citizens secretly while people like Zakir Naik are openly running their businesses and much more are occupying top political posts in the country. Somewhere you require a driving licence at another place helmet is required at another RC book at another aadhar card at another PAN card the list is never ending and only increasing day by day. All this for nothing in the end. What will they do with their own documents as this information is already available in their computers what we are giving them that we have aadhar card, pan card, nse transaction statements and bank statements which they can always trace. So why such big notices where everyone in the city gets to know these people are sending such statements to us. Everyone gets to know when you receive such notices like this " We are in the information that you have entered into a high value transaction of 5 Crores" from where to bring such money also please tell. You can keep the 5 crores you find and give us only a few lakhs if it is there in some bank or National Stock Exchange. Everyone in my city is saying ask them to keep all the 5 crores they have found and give only a few lakhs for us to enjoy and party.