Loss in FnO

Dear Sir/Madam

 

I have a loss near about 190000/- in Fno trading  (Turnover below 1 corer) and My salary is 408000/-.

but in FY 20-21 I have shown PRESUMPTIVE BUSINESS INCOME UNDER SECTION 44AD near about 3467/- and claim 6% income 278/-

Is an audit required for the current year?

 

Thanking You

Replies (1)
No Audit required 9

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