If X is salaried employee and Salary exceeds basic exemption.
He has F&O turnover of 77L but has a loss of 150000 and wants to carry forward the same.
New portal doesn't allow for negative figure in No Accounts case .
Is tax Audit mandatory to carry forward losses from F &O though Turnover doesn't exceed 1 cr ?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
