Can we show f&o loss without tax audit ?

Anonymous (Business) (240 Points)

14 September 2018  
In case total income is below 2.5 lacs .

(will ur view change if loss itself exceed 2.5 lacs , means trading done through past savings /loan , cash gift etc. )?

Or do we need to compulsory opt for 6 % to skip tax audit.

But here the main motive is to c/f this loss.

Never opted for presumtive earlier.

Note: Turnover less than 1 cr.