Future and option loss

arpit (student) (163 Points)

01 April 2024  
In case of non salaried filing itr 4 opting 44ad and filing return as per old regime
if we have loss of 50000 in f&o and turnover is less than 50 lacs from f&o , and turnover from other business is less than 20 lacs, total turnover is 70 lacs approx from all business, is it compulsory to show loss and is there any requirement of tax audit in this case.?