19 September 2014
I have started trading/short term investment in equities, equity derivatives and currencies from both my account and my spouse's account (who is a housewife and a PAN holder) plus have some short term income from MF during FY 2014-15. I am a PSU employee. Kindly suggest which ITR form am I required to fill in. If ITR 4, then am I required auditing even if my turnover is less than 1 cr. and profit is more than 8%.
19 September 2014
Thank you so much Sir. I understand the basic difference between ITR 2 and ITR 4S is that the former is used in case of LT capital gains exempted from tax. Kindly confirm
CAclubindia
