Shares trading including intraday & nifty futures
This query is : Resolved
03 June 2024
Dear Sir,
I have some income from shares trading including intraday & nifty futures along with interest income from bank FDs.
Income from shares & futures is below 1 lac.
Kindly advice which ITR form applicable to me.
I have some income from shares trading including intraday & nifty futures along with interest income from bank FDs.
Income from shares & futures is below 1 lac.
Kindly advice which ITR form applicable to me.
03 June 2024
Theoretically, you should file ITR 3 or ITR 4.
03 June 2024
ITR 3 is applicable as speculation business for intraday is there
07 August 2024
File ITR 3.
08 August 2024
Dear Sir,
Thanks for the reply.
can you please let us know whether audit is mandatory in my case where the profit from futures is less than 10000.
Thanks for the reply.
can you please let us know whether audit is mandatory in my case where the profit from futures is less than 10000.
08 August 2024
If turnover in the trading exceeds 10 Crs. or if you had opted out of presumptive assessment u/s 44AD in any preceding five years, in that case audit would be mandatory; otherwise not.
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