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Tax Audit in Case of future and Option

This query is : Resolved 
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(Querist)
05 January 2021 Dear sir, In one of our Case our client has incurred a loss of Rs 9.5 Lacs in future and Rs 1.8 Lacs in Day Trading, I have following Quaries. Our Turnover is less than 1 Crores adding all the positive and negative signs.
1. Can we claim loss without audit.
2. Can we file our return without declairing future and day trading loss.
3. Can we file Return U/s 44AD declaring 6% profit as all the transactions are by cheque.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 September 2021 1. Yes.
2. No.
3. Yes...
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