Plz guide..
If anyone does regular intraday trading as well as some short term / long term investment in share market, but his total profit in a year does not exceed exemption limit, then is he required to file income tax return or does he require to make any disclosure?
I m bit confused as in intraday trading, turnovr in account goes on very high side...
Plz guide....thnx in advance....
Always advisable to file return; otherwise compliance notice is sure to follow. Many times even tax audit is applicable.
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