Hi,
I have salary income of rs.4.5 lacs+capital gain/loss and my future and option loss 3.4 lacs in last year on turnover of rs.36 lacs..so I have 3 queries regarding this
1) Which ITR should I file.?
2) whether tax audit is applicable?
3)If i don't want to carry in losses then it will Create any issue later?
Menu
salary and f&o audit
Replies (3)
1. ITR3
2. Depends upon quantum of your capital gains.. to arrive at whether aggregate income exceed BEL or not; so that tax audit applicability can be arrived at.
3. Query will be raised any time in future, which you will have to comply.
I have salary income of rs.4.5 lac and f &o loss 3.4 lac....whether tax audit is applicable?
Yes, applicable.
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
