Intraday

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If person have turnover 2,00,000 in intraday and make an loss...

Is required to file ITR or Audit... etc..
Replies (4)

Depends upon his/her aggregate income from all the heads.

Better to file ITR (may be ITR3); audit will not be applicable if total income below BEL.

no income in other head..
please clarify BEL

Below Exemption Limit........ BEL (Rs. 2.50L for < 60 yrs. age)

If you do not wish to carry forward losses ..........

File ITR4 and declare 6% profit over total transactions....... No tax liability...... & no tax audit liability.......

can you share your email id I will send you data


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