Whether Tax Audit required in case of loss in F&O?

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Whether Tax Audit required in case of loss in F&O?

Replies (5)
yes if total income exceed total exemption limit
Hello,
i received gift from my Father in law of RS 60000 ,whether i have to show in itr 4 or not and if yes where
Thank You
not required to show gift
Its better to do tax audit.. I think obviously the total income will be less than 8% of total turnover.. Hence tax audit will be compulsory
Whether Tax Audit required in case of loss in F&O?


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