Share trading loss
This query is : Resolved
18 August 2013
Hi!!
My client incurred a loss of Rs 3 lacs from share trading business on turnover of Rs 25 lacs. He has an other income of Rs 8 lacs. Whether he has to get his accounts audited u/s 44AB and 3 CD has to be filed?
Pls confirm.....
Can we file manual income tax return for the same. This is pertaining to AY 2013-14.
Thanks & Regards
My client incurred a loss of Rs 3 lacs from share trading business on turnover of Rs 25 lacs. He has an other income of Rs 8 lacs. Whether he has to get his accounts audited u/s 44AB and 3 CD has to be filed?
Pls confirm.....
Can we file manual income tax return for the same. This is pertaining to AY 2013-14.
Thanks & Regards
18 August 2013
MANUAL iNCOME TAX RETURN CAN NOT BE FILED AS
IN THIS CASE AUDIT IS COMPULSORY.
.
IN THIS CASE AUDIT IS COMPULSORY.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- REGARDING GST LIABILITY/....
- LTCG for Assmt year 26-27
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
