Comment on Taxation for Traders - Introduction

Nithin Kamath commented on 26 Apr 2015, 02:42 PM

Murali, Suggest you to read this post:

You are supposed to file your Income tax returns using ITR4. You add all your profits to you salary + any other income, you pay tax according to individual tax slabs for the total income. But since you show your trading as a business, you can also show all the related expenses. All your queries will be answered on the other post I have mentioned above.

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