F&O loss and Itr selection
This query is : Resolved
30 July 2016
I would like to ask that if F&O loss is business loss that what should be ITR for filibg.
please note that assesee doesn't have any books of accounts as he is salaried employee
if negative figure filled in part p& l 51 d then retrun processed detective u/s 139...reason negative valued not allowed fill whole p&l
what to do?
please advise ...thanks in advance
31 July 2016
File ITR 4 as assessee have F&O transactions. Calculate turnover by takeing net of of profit and net of loss together
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