Comment on Taxation Simplified

Code you can use is 0204 which is others for nature of business.

For the 2nd query, I’d suggest you to create a full balance sheet and use ” Account case” instead of no account.

The reason is, the money in your trading account, can’t really be categorized in any of the options that you have mentioned there. 1 to 4.

So I’d suggest you to get a CA do this, he would not charge you much, better get it done the right way.

Cheers,

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