Comment on Taxation for Investors

PG commented on 05 May 2016, 07:13 PM

A follow-up question…
As mentioned earlier I have
1) Income from Salary (30% Tax bracket)
2) Income from Long Term Capital Gain (Holding period > 10 years)
3) Loss from Short Term Capital Gain (16K)
4) Loss from Intra-day (3K)

Now, if I have to declare my return in ITR-4, do I have to get audit done for all of 1), 2), 3), 4) or only on the total turnover for 4), which I am showing as speculative business loss?

Thanks again…

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