27 December 2020
I have income under the head salary, short term capital loss and intraday profit. In audit information in part A general of itr 3, should I select yes or no in "whether assessee is declaring income only under section 44AE/44B/44BB/44AD/44ADA/44BBA/44BBB?
28 December 2020
If you are showing intraday profit as business income under 44AD - Yes.
If you are showing intraday profit as Income from Other Sources - No.
28 December 2020
I am not showing intraday profit as business income, I am showing it under speculative activity. Should I select yes or no in whether assessee is declaring income only under section 44AE/44B/44BB/44AD/44ADA/44BBA/44BBB?
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