Salary - 20Lakhs, Intraday Equity Trading Turnover INR300 & Loss INR106. Need tax audit in ITR3?

Ajay Kumar Routh (3 Points)

16 June 2023  

I generally assist people in filing taxes. I came across one case. 
The person is earning upwards of 20Lakhs in salary income. Having an STCG loss of around INR10000, Intraday trading turnover is just INR300 and the intraday loss is 106 rupees. Since intraday is considered Business/Professional income and the person has incurred the loss.
Should I recommend the tax audit under 44AB or file the return under ITR3 without an audit?
What should be the course of action?