Comment on Notice under Section 139(9)? - Possible reason

sreen commented on 27 Jun 2015, 06:37 PM

Thanks so much Nitin. You are right that SCG meant for short-term capital.

And other part:

Total Turnover of Trades- Delivery = 1,25,00,000/- ( rounded off).

Total Short Term Capital Gains (SCG) on Trades -Delivery = – 4500/-. LOSS.

My Salary Income = 5,00, 000/- (Approx).

One more clarification please:

With the above scenario, kindly let me know if it is ok to go with ITR2 or ITR4 is still a MUST?

Sorry to bother you again.

Kind regards,

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