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Carry forward losses in equities, futures and options

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 July 2014 I am salaried person and have Transaction in Equities and F&O. I contacted CA and asked them to file ITR 4 for FY 2013-14.

CA filed ITR 4; they mentioned business loss (around 13 Lakhs) in (0204) Trading others along with Form 16 salary details.
They filed by using my login. (It was like self filing). They gave me the Statement sheet and fees receipt.

My question is how Income tax authorities would accept my losses (13 Lakhs). Since they have not mentioned that they have audited my account.

Please clarify me whether Audit of accounts is not required in my case.

24 July 2014 you shall be in default for not getting the accounts audited. So kindly ask the auditor to revise the return to incorporate auditor's details and thereafter ask him to submit the audit report.


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