Comment on Tax loss harvesting

chandu valluri commented on 24 Mar 2015, 04:14 PM

Dear Zerodha,

This is the first time I am going to file and pay taxes. I have few doubts, Please clarify them

>>If we nullify our profits with the loss making stocks then we miss >8% profitability criteria which requires CA audit.

>>I am working in a private company. so do I need to file my stock income while filling “C” form in my company website. or can I upload C form and stock returns separately in Income tax website.

>>I am trading on only in equity segment and make 4000/- Loss( missing >8% profitability and turnover 1Cr. criteria). Do I need to audit my books.

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