Comment on Taxation for Traders - Introduction

Nithin Kamath commented on 30 Mar 2015, 07:43 PM

1. Yes, you need to file.
2. Yes ITR4
3. No everyone is bound to file ITR. Exchanges have started sharing trading data with ITR, hence a lot of such notices this year.
4. Since your total income is less than taxable income, no need of audit.

View the full comment thread »