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Tax Audit applicability IN CASE OF INTRADAY TRADING

This query is : Resolved 

25 December 2021 Dear all,

Here is my query,

I am having Income from Partnership firm, and Loss of Rs 10Lakh in intraday trading (Which is disclosed under speculation business option selected books not maintained cases) and now i am filing in ITR-3, without filling the details of Balance sheet and Profit & Loss account in ITR, but while filing i am getting error you have loss under the business /profession your books is not audited

Kindly give me comment on this
Advance Thanks
Regards
BALRAJ B G

25 December 2021 10 lacs loss means turnover may be more required to maintain books of accounts.
File ITR as books of accounts maintained.
Tax audit not required.


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