Comment on Zerodha - your tax aide while you trade

Nithin Kamath commented on 27 Aug 2015, 02:53 PM

Not mandatory file ITR, but it is best to do. Otherwise there are chances that IT dept can send a notice asking why you haven’t filed even though u have traded actively. You would be then required to go talk to the ITO and explain. Since you have no tax liability, there is no need to audit. Check this: http://zerodha.com/varsity/module/markets-and-taxation/

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