Comment on Classifying Your Market Activity

Nithin Kamath commented on 06 Apr 2017, 07:24 PM

1. No profits, so no tax.
2. ITR 2 (you have intraday, but since it is so little, you can maybe show this as short term itself. Best to speak to a CA).
3. If you use ITR2, no audit. But if you show intraday as speculative business, yeah audit needed.
4. Best to show it.

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