E-filing utility to be used

u have to file itr 2

Dear Neha,

Thank you for your reply.

Can you please also advise on the classification of intraday gains in this scenario?

Will they be considered under STCG? or is there any other way to tackle the same? And how should I pay the relevant tax?

I learnt that intraday gains can not be compensated with STCL.

Thank you in advance for your help.

Regards

Intra day Trading income is treated as Speculative Business...!!

Rates are similar to Business Income i.e. Slab Rates of IT Department.

So does this mean that I have to file ITR - 4?

I have not gained even 5000/- INR in the entire game and filing ITR - 4 seems to be a quite tedious task.

Is there any alternative?

Can I file ITR - 2 and indicate this small gain under some head and pay the tax accordingly?

Please advise.

Thank you.