Comment on Notice under Section 139(9)? - Possible reason
commented on
28 Jun 2015, 10:29 PM
Thanks so much for all the help Nithin!
No, I do not have any other speculative transactions. So as my option is:
– ITR4 and no Tax Audit required.
– Despite Total Turnover in Delivery Trades was >1.25 Crores Tax Audit is not mandatory and any Profit/Loss can be shown as Capital Gains/loss in ITR4? ( b/c. Salaried Individual, not involved with any formal Business or Profession).
If I am wrong kindly correct me.
Kind regards
-sn