Which itr to file to use if i have salary, speculative income and f&o losses

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Business Executive
21 Points Posted on 17 June 2018

I have salary (<50 Lkahs), equity/trading profit and F&O loss (turnover is less than 1 crore and profit is negative or less than 8%). Two questions

1. Which single ITR to use for all three of the above

2.  Since F&O is loss (business income < 8%) do I need to get my books audited. BTW there was 1 single trade in F&O which caused loss of around 3 lakhs....

Thanks

 

 

 

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On 17 June 2018 at 20:39 Report
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SEO Sai Gr. Hosp.
212489 Points Posted on 17 June 2018

1. ITR3

2. Yes (assuming gros income more than BEL)

1 Reply
On 17 June 2018 at 21:01
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Chartered Accountant
2195 Points Posted on 17 June 2018
Itr 3 required
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On 17 June 2018 at 21:02

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