For year FY 2020-21, which ended on march 31 2021.
I had Intraday and FNO turnover was about 60 lac’ with about 1.5 lac in profit which is way less than 6% of turnover.
For equity delivery trades (short term gain) turnover was about 1 crore which I am not willing to add as trading turnover or business income as I would like to treat as capital gains.
DO I need to have audit?
Also, intraday and FNO profit will go under business income and delivery based profit will go under capital gains correct?
CAclubindia
