One of our assesse is having income from two different businesses. As he is maintaining books only for one business now my query is, can he file his IT return with both the cases i.e. with maintenance of books of accounts and non maintenance of books of accounts Please give me the right solution in filling of IT return
19 January 2017
For speculation loss also you have to maintain books of Account. If it from bullion only, then do not treat it as speculation, treat it as trading loss only
CAclubindia
