Greetings,
My ONLY source of income is FNO trading.
Booked LOSS = 10 Lakhs ( Including Charges this year )
Total Turnover = 4 CR.
I want to File ITR3 & Carry Forward Losses, to offset them in coming years.
Does Tax Audit and Maintaining Book of Records required / Mandatory for me ?
(OR) Since, Turnover is less 10 CR, Can I fill ITR3 myself without any Tax Audit?
Thank you
Maintaining books are mandatory, but Tax audit not mandatory in your case.
Thank you Sir for the clarification .... :)
You are welcome.
VIKAS VERMA & CO
New Delhi
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