Intraday loss in shares in income tax return

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One of my client has loss from intraday so when I am filling his return a warning appears that profit is less than 8 % assessee should go for audit plz suggest me remedy 

Replies (7)

Yes, its 'Eligible Business'  as per sec. 44AD.

If  aggregate income of assessee (before any deductions)  exceed BEL... tax audit mandatory.

then sir what is remedy as it is intraday

1. 6% minimum profit for Intra Day TurnOver

Or...... 2. Loss to the extent....... that aggregate of all the incomes falls below BEL .....

Or. .....3. Audit of Intraday business.......

please  elaborate    point 2

Income from all other heads..... including 'Salary'......... alongwith adjustment of business loss. as per its eligibility under the act.......if is below 2.50 lakhs, for <60 yrs age    or < 3 lakhs for sr. ctzn..... then no need for audit u/s. 44AB.

Sir salary is above 350000 plz suggest

Then Audit business transactions u/s. 44AB...

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