I am a salaried employee. I have speculative loss through FP&O trading-
Need following information-
1. Do i need to get my account audited if i don't want to declare 8% profit?
2. Assuming above question answer is Yes, I want to know whether my share holding would be considred as stock or investment in PART A- BS of ITR 3?
3. Do i need to show my salary account bank balance as bank balance of my business
CAclubindia
