Good Evening
I have done some Intraday Trading in FY 2019-20 and incurred loss.
I want to ask whether I should file ITR 3 or ITR 2 and whether I need to do also any Tax audit in case of loss and my absolute turnover is less than 10000.
Thank you
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Tax Audit and ITR Form
Replies (3)
What is your source of income?
no audit in case of intraday loss
no audit in case of intraday loss
No any major source. Got a monthly stipend of 4000 only
Itr 3 as you do intraday and it's comes under speculative business
Take your expenses if you have while trading in that sector
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