Hi,
I would like know if audited is required for the below income. First time filing business/speculative trade income.
From property rent :
before 30% deduction: 3.2 lakhs
after 30% deduction: : 2.24 lakhs
From bank interest: 4000
From dividend: 2000
From intraday trading :
Turnover (gain 3.9 lakhs+ loss 5.85 lakhs): 9.75 lakhs
Profit/loss (gain 3.9 lakhs - loss 5.85 lakhs) : -1.95 lakhs (loss)
From STCG (shares delivery) - 13000 (loss)
Additional info: Previous years income only from property 4 to 4.5 lakhs/year before 30% deduction.
TIA
CAclubindia
