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ITR 4 for trading shares and mutual fund

Others 241 views 3 replies
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
Replies (3)

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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