I tried to explore Intraday trading last year and made a small profit of less than Rs 500. I regularly file my ITR using ITR 2. Can I use ITR2 this year also, and in which case, where can i include my speculative income from intraday trading. If not, is ITR3 mandatory ? I would then need to redo all work and have never filed ITR3 earlier :(.
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Can minimal speculative income (<500) be filed under ITR2
Replies (3)
Yes, filr ITR 2 & declare the income under Schedule OI..... under Tab 'Other'
Thanks. This seems most reasonable. I got similar advise from another source also.
As you are not regular trader, such declaration is accepted in general.
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