Sir,
As a Dental Professional having Professional Loss, F&O Trading Loss & Speculative Loss for F.Y. 2020-2021 which were totally adjusted against the head "Income from Other Source" (IFOS) & "Income from Capital Gain"
After Adjusting all the business losses, Net Income from Pension, Capital Gain & Other Source exceeds the Maximum amount which is not chargeable to tax i.e. 2,50,000/-.
In such case, Tax Audit U/s. 44AB is Applicable or not ?
Please Guide,
Thanks & Regards