Tax audit applicability incase of loss in F&O.

sukhwani keyur (588 Points)

07 August 2023  
Turnover as per income tax method is less than 1 crore and having loss of ₹2lakh in F&O trading. so tax audit applicable or not if I do not want to opt section 44AD ? Can I carry forward loss by filing ITR 3 without audit ?