Poonawalla fincorps
Poonawalla fincorps

Intraday share trading itr2 or 3

This query is : Resolved 

29 December 2021 a person did share trading daily for few days(5-10), during lockdown . he is salaried person.
which itr to file and under which column?

29 December 2021 If earned profits in intraday trading, file ITR 4.

29 December 2021 itr 4 or 3 ? why not itr 2 other income-speculative


29 December 2021 If you do not wish to declare business income under sec. 44AD, then file ITR 3.
ITR 2 is not suggested now a days, as the speculative income may have been reported under AIS, while PGBP income cannot be declared in ITR2. Still if you like you may declare it in ITR2, under IFOS, but chance of query being raised by ITD cannot be denied.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries