Hi team
we are doing trading and less than 50 lakhs
I have filled my return under section 44AD in last year
can I file same for this year, we have less than turnover as prescribed by department
please let me know
thanks
ravi
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ITR 4 for trading shares and mutual fund
Replies (3)
Quick Summary
Whatever be your turnover, you can continue to file ITR 4 u/s. 44AD of IT act...
Thanks sir, can we use presumptive taxation for trading of shares and securities, mutual funds, please confirm
Yes, Only Intraday & F&O trading in shares, but not investment in MF or delivery based shares.
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