Comment on Tradetax for income tax returns when trading

gauti commented on 29 Oct 2017, 07:00 PM

Hi Nithin,

I traded in FnO and underwent a tax audit. My turnover was 2 Cr(“Total Turnover”) according to the excel downloaded from zerodha. Now i have 2 questions:

1) I have used form ITR3 (Earlier known as ITR 4 ). Is this the right one?
2) My CA told that acc to her calculations my turnover is 60 CR. Is this right or what i mean is the total turnover calculated in FnO has a different way to calculate and whatever is mentioned in total turnover column in Zerodha excel sheet downloaded can be trusted?


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