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F&O loss and Itr selection

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30 July 2016 I would like to ask that if F&O loss is business loss that what should be ITR for filibg. please note that assesee doesn't have any books of accounts as he is salaried employee if negative figure filled in part p& l 51 d then retrun processed detective u/s 139...reason negative valued not allowed fill whole p&l what to do? please advise ...thanks in advance

31 July 2016 File ITR 4 as assessee have F&O transactions. Calculate turnover by takeing net of of profit and net of loss together



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