I am having Income from Partnership firm, and Loss of Rs 10Lakh in intraday trading (Which is disclosed under speculation business option selected books not maintained cases) and now i am filing in ITR-3, without filling the details of Balance sheet and Profit & Loss account in ITR, but while filing i am getting error you have loss under the business /profession your books is not audited
Kindly give me comment on this Advance Thanks Regards BALRAJ B G
25 December 2021
10 lacs loss means turnover may be more required to maintain books of accounts. File ITR as books of accounts maintained. Tax audit not required.
CAclubindia
