Go AD-Free with CAclubindia Pro and get Daily WhatsApp Updates. Subscribe Now!

banner_ad

Tax audit applicable? Section 44AD benefit? Which it file?

This query is : Open

Share Report Follow Query Ask a Query

tusharthosar

tusharthosar (Querist)
Follow

01 May 2021 Assume,
I have done a transaction on share transaction short term & intraday where the turnover 558558& i made a short term loss (-2576) intraday loss(-15061)
In this case , tax audit applicable? So can this section 44 AD benefit?
Which itr files?

CA PARTH SHAH

CA PARTH SHAH (Expert)
Follow

02 May 2021 No tax audit applicable.

File normal ITR3.

Speculation loss for intraday and capital gains for stcl.

Message likes : 1 times

tusharthosar

tusharthosar (Querist)
Follow

02 May 2021 Sir please contact no
It return file fee

Pooja Yagnik

Pooja Yagnik (Expert)
Follow

26 May 2021 no audit case

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Shubham Jain

Shubham Jain

Pro Member Michael & Co.

Michael & Co.

Pro Member shreesh acharya

shreesh acharya

Pro Member CA K GIRIDHAR

CA K GIRIDHAR

Pro Member Chandrasekhar gadde

Chandrasekhar gadde

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 02 May 2026

Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details

Featured 29 April 2026

Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details

Featured 14 April 2026

GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 13 April 2026

GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details

Featured 28 March 2026

Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details

Featured 28 March 2026

CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details

Featured ARTICLESHIP 19 March 2026

Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details

Featured 14 March 2026

Associate CA

N N V Satish&co

Hyderabad

CA

View Details