Pls help in f&o return filing.

This query is : Resolved 

15 July 2015 hi.. i suffered loss of rs. 3 lacs last FY in f&o.. do i need to fill ITR 4 or 4s form ? and is auditting by CA compulsory ? pls reply.. Your experince can guide me friend.. Thanks.

16 July 2015 Dear Singh,

If you don't have any other income, then audit is not required. But you must fill ITR-4.

In case you have other incomes like salary (above Rs 2.5 lakhs) then audit is required.



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