Comment on Zerodha - your tax aide while you trade

Kumar Aish commented on 20 Aug 2015, 01:58 PM

Hi Nitin,

I have made 4707.89 from Speculation Income (STT paid) (Intraday Profit) and 71603.42 from STCG.
Do I really need to fill ITR 4 or can I just fill ITR 2 and show “Speculation Income” as “Other income” ?

What if I need to fill ITR 4 – then do i need an audit and have to keep book of accounts ? Not sure what that means in context of Speculation Income and STCG.

Regards,
Aish

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