filed ITR 3 loss return of future & option business without tax audit report in june month as total income less than 2.5 lacs , f&o loss is more than 7 lacs. Turnover less than 1 cr .
Now due to some doubts on applicability of tax audit can I revise return with tax audit report before 30th sept.
New business , never opt for presumtive.
What will be impact of filing ITR 3 loss return now along with tax audit report?
That returm was e verified but not processed by IT deptt till now.
Yes you can revise return and file taxaudit report.
The impact of filing will be positive. Your revised return will be placed in the same shoes of an original return.
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