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Dear experts, plz confirm me wid if me trading in shares is it necessary to shown in itr .. my taxable income is below 250000
Replies (9)
its better to file itr even if your income
its better to file itr even if your taxable income is below exemption limit.
For trading in shares, not necessary if total income including shares is below 2.5L. However in case you have losses, then to carry forward the losses it is mandatory to file before due date.
I m trading below 30000 and on intraday basis and profit is very nominal so if I dnt show is it ok or any problem will arrive ?
I m trading below 30000 and on intraday basis and profit is very nominal so if I dnt show is it ok or any problem will arrive ?
I m trading below 30000 and on intraday basis and profit is very nominal so if I dnt show is it ok or any problem will arrive ?
No problem that I know of. What saves you is that your total income is below 2.5L. So it is a matter of choice for you.
Thank u so much for the guidance 😊
you are welcome
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