44AD ITR ISSUE

hi,

I have salary income of rs.4.5 lac+some CG and f& o loss of rs.3.5 lac on rs.36 lac turnover.

can I file 44 ad and declare 6% profit
if yes please let me know how to calculate tax payable amt
Replies (1)

Yes, 6% over F&O TO ie 36 lakhs as profits..

Tax liability will be aggregate ....  taken care by ITR utility.

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