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
1. ITR3
2. Yes (assuming gros income more than BEL)
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
View Details
AJAY SINGH AND CO LLP
Thane
CA Final
View Details
CCI
Pro
CAclubindia
