F&O Audit - Reg
This query is : Resolved
08 July 2022
Hi
One my client doing F&O Trading. His Total Turnover is 2 Crorers. But make loss of Rs.2 Lakhs. Whether we can shown in ITR-4 or ITR 3 and Whether applicable Tax Audit or Not?
Please help and clarify
One my client doing F&O Trading. His Total Turnover is 2 Crorers. But make loss of Rs.2 Lakhs. Whether we can shown in ITR-4 or ITR 3 and Whether applicable Tax Audit or Not?
Please help and clarify
08 July 2022
File ITR 3 with P&L & BS declared. No tax audit applicable. (unless Sec. 44AD opted in any of the preceding 5 years)
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