Treating F&O Trading as STCG

Efiling 137 views 1 replies

An auditor has treated loss from F&O trading as STCG. Even though I insisted to treat it as business income the auditor gave explanation that it is fine and correct to report it as capital gain as the nature of action is personal. Also the auditor has not provided the behalf of filing details in the ITR 2. In fact I called the IT help line and they also said that it is ok to file it as self even though filed by auditor. If IT comes back for queries what are my ways to save myself.

Replies (1)
U can ask copy of ITR 2 from auditor. otherwise u can login(u ask password from auditor) www.incometaxindiaefiling .gov.in then download your return.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register