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
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.
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