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Pls help in f&o return filing.

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15 July 2015 hi.. i suffered loss of rs. 3 lacs last FY in f&o.. do i need to fill ITR 4 or 4s form ? and is auditting by CA compulsory ? pls reply.. Your experince can guide me friend.. Thanks.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 July 2015 Dear Singh,

If you don't have any other income, then audit is not required. But you must fill ITR-4.

In case you have other incomes like salary (above Rs 2.5 lakhs) then audit is required.

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