Taxation from Income from Multiple Sources

This discussion explores tax implications for individuals earning income from various sources, including Futures & Options trading, intraday trades, capital gains, and service provision. The user specifically wishes to file a regular business and profession ITR with a balance sheet, rather than opting for presumptive taxation schemes like 44AD or 44ADA. A key question is whether there are profit criteria to avoid a tax audit, given specific turnover figures for F&O and services.