Sir,
I am 58 yrs old govt retiree. My income sources are salary/pension, interest from bank FDs, STCG from equity/debt mutual funds (Rs 10K approx for FY 18-19, first time).
Total income for FY 18-19 about Rs 8 lakhs. I have done intraday trading in equity (speculative business) first time in FY 18-19 with small turnover of Rs 2160/ and in loss in trading.
My query is:-
(a) Which ITR to file for AY 2019-20 ?
(b) Can I file ITR under presumptive income for my trading under Sec 44AD to avoid expense on tax audit ?
Request clarify.
(a) ITR 3
(b) Yes.
CAclubindia
