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Regarding tax audit for stcg

This query is : Resolved 

Hello Sir,

I am doing swing trading in cash ( ie I hold shares for 3-5 days ) and sell it. I am having a small loss.No trading has been done in F&O and intraday. Only in equity cash segment.
I also work in an IT company and tax slab is 10%.

Do I need to have tax audit if I need to carry loss for 8 years?And does it come in non- speculative income.

How will it be taxed and which ITR form should I fill.

Please help.

Regards.
Pranav


Tax audit not required it's only short term capital loss can be carried for 8 years. File ITR 2.


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