Sec 111A in ITR
B GAYATHRI (ARTICLE) (42 Points)
13 August 2021Due to intraday trades, the amount is in crores, is that a problem?
B GAYATHRI (ARTICLE) (42 Points)
13 August 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 14 August 2021
B GAYATHRI
(ARTICLE)
(42 Points)
Replied 14 August 2021
Samantha J
(1236 Points)
Replied 14 August 2021
Sivaramaraju G
(Learner)
(2398 Points)
Replied 14 August 2021
If it is intra day then you have to show it under business or profession right?? then you can take net amount of profit or loss, no need to go with 111A for intra day transactions as per my understanding.
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