Sec 44AD F & O

This discussion explores the application of Section 44AD of the Income Tax Act to individuals with both business turnover and futures & options (F&O) trading. It questions whether F&O turnover can be included under Section 44AD to declare a presumptive profit, even if there's an actual trading loss. The consensus suggests that while turnover can't be adjusted, profit can be declared presumptively. However, if losses are incurred, an audit may be necessary.