Shares trading- through DMAT Account

This discussion explores whether share trading activity, even with a small profit through a DMAT account, necessitates an audit under Section 44AB. The advice suggests that the requirement depends on the nature of the transactions. Fully equity delivery trades are generally treated as capital gains without an audit, while intraday trading is considered speculative business requiring an audit. Trading in futures and options without delivery also typically requires an audit, with advice to check turnover reports from the brokerage house.