Comment on Taxation for Traders - Introduction
commented on
19 Aug 2015, 11:34 AM
Lokesh here.
I’m employed in a private firm and receiving 6Lakh as salary, I’m a regular intraday trader doing transaction of morethan 50lakh every day in future and options and in cash segment also.
does my transactions comes uder speculation transaction or business transaction ( my annual transaction may be crossing 50-70 crore.)
Should i Use ITR 4 to file tax , should my transaction need to be verified by CA before filing tax ?
Thanks,
Lokesh