Dear Sir/Madam,
I have a querry. I am dealing in F&O in NSE and Commedities in MCX. I have invested 2 lakhs in a financial year and i have the source (borrowed it from a friendwho has proper IT and source) for the investment. i dont have any other businees nor any other income.
With the investment of 2 lakhs, i have done turnover both in F&O and in commodities to the tune of 300 crores. In the end of the day i didnt get any loss nor profit. now i decided to file IT Return for the same. my broking company has not given me any physical contract notes. all have been sent thorugh email. They gave me account statement and other details only in Physical statement.
My account statement shows 2 lakhs investment at the begining and 2 lakhs closing balance. I have deposited nor withdrawn any amount in between.
Now can you suggenst me what should i do to account all the business i have done.
Plz help me out in this matter. i can further provide any other details if u think are required.
CAclubindia
