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Audit applicability of ITR

This query is : Resolved 

02 June 2025 Sir,
I've incurred 3000/ loss in intraday cash(non f&o) trading and my intraday turnover is 12,660/ . But my total income is more than 7,00,000. I would file ITR 3 for AY 25-26.

My question is:
Is there any way I can avoid audit ?

Thanks,
Shantanu

02 June 2025 Give up loss & declare 6% profit on TO of 12,660/-

03 June 2025 Under presumptive taxation u/s 44AD right sir ?

03 June 2025 Correct.

03 June 2025 Thanks sir for helping me out

03 June 2025 You are welcome.

05 June 2025 Sir, one more thing,is books of accounts necessary in my case then if opting out of audit u/s 44AD ?
THANKS

05 June 2025 Books of accounts are not required to be maintained when you opt for presumptive assessment u/s. 44AD IT act.

05 June 2025 Thank you very much sir for your kind help

05 June 2025 You are welcome.

28 September 2025 Good luck.....


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