Dear Sir/Ma'am,
My one client has short term capital gain & losses on shares for F.Y. 2019-20.
His net position is short term capital loss of Rs. 350000
His sale value of such investments is approx. 6.5 crore because each day he does trading of 3-4 lacs.
Whether there is any risk of scrutiny to show such big figures in his return , where net loss is only Rs.3.5 lac.
Please guide.
CAclubindia
