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Short term capital gain shares

Others 256 views 5 replies
Having short term capital gain and filing ITR2.DOES audit is required
Replies (5)
Not required
No Audit is not required. In your case STCG occurs and filing ITR 2 doesn't require to audit
Ok what in case i do intraday trading also
Intraday Trading, the Turnover equals Absolute Profit. Absolute Profit is the sum of all positive and negative differences from all the transactions.

I will suggest you file your return with professional person, he will guide you in better ways, as now a days department is raising the query even for small matter.
If you're making profit form Intraday trading above exemption limit then you have to file ITR 3


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