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F&o turnover

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25 July 2019 Dear Experts

A, an professional is filing IT returns u/s 44 ADA.
For AY 2019-20 he started trading and has made loss in F&O transactions for Rs 1 lakh. How to disclose the loss in ITR. Whether tax audit will be applicable or can we show 8% u/s 44AD

26 July 2019 Show 8% u/s 44AD.......................



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