ITR applicable or not

This query is : Resolved 

06 March 2023 Hy, i am a student and i got scholarship of 2lac.
IF money credit in my account total of it cross 2.5 lac. Am i applicable to file ITR. All other transections are small which is debited and credited in account. As i am student i don't have any side income

06 March 2023 If you have no other income, you are not required to file ITR.

07 March 2023 I trade in fno and there my turnover is 2 lac and loss of 60k still i need to file itr. According to law my turnover is lessthan 2 cr and profit is less than 6% do I need to audit my account.



07 March 2023 As said earlier, if sec. 44AD(4) of IT act is not triggered in any preceding five years, tax audit not applicable.

07 March 2023 Thanks 🙏 for your valuable time and suggest me.

07 March 2023 You are welcome.



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