HELLO ALL,
PLEASE LET ME KNOW HOW TO FILE INCOME TAX RETURN FOR AN ASSESSEE WHO IS WHOLE TIME ACTIVE IN SHARE MARKET AND IS HAVING TRANSACTIONS AS AN:
1. INTRADAY
2. FUTURES AND OPTIONS
KINDLY GUIDE ME IN DETAIL REGARDING HOW THE TRANSACTIONS ARE SHOWN UNDER INCOME TAX RETURN? WHICH ITR FORM NEEDS TO BE FILLED? WHAT ARE THE CRITERIA FOR AUDIT UNDER INCOME TAX FOR SUCH TRANSACTIONS?
THANK YOU IN ADVANCE..
WISH YOU AND YOUR FAMILY AND WELL WISHERS A VERY HAPPY DIWALI AND HAPPY NEW YEAR..
ENJOY THE FESTIVE SEASON..
CAclubindia
