Intraday trader

Tax queries 563 views 15 replies
1.That CA is definitely not your friend! Had he been he would have said presumptive income tax return rather than general category without audit!
It means Rs 3000+Rs7600+Rs5000 (might be refunded if not charged during e-file)
File it yourself.
It's really funny you can trade in option s which is very difficult to understand, but you can't file ITR!

If you exceed Rs 2Cr you can't file under presumptive income .
Advance tax will be payable in the quarter.
Replies (15)
1.That CA is definitely not your friend! Had he been he would have said presumptive income tax return rather than general category without audit!
It means Rs 3000+Rs7600+Rs5000 (might be refunded if not charged during e-file)
File it yourself.
It's really funny you can trade in option s which is very difficult to understand, but you can't file ITR!

If you exceed Rs 2Cr you can't file under presumptive income .
Advance tax will be payable in the quarter.


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