Comment on Taxation Simplified

Bhavesh commented on 06 Mar 2014, 10:38 PM

I have 12 lakhs profit in short term delivery of equities and in F&O I have 4 laks..
If i don’t opt for 44ad then how I have to show my turnover in FNO..
Can I file different IT return form for short term capital gains which I have total 3 trades in a year and another for F&O ..Because if i file itr4 then maybe IT deptt. will scrutinise short term capital gains
Suggest how to settle this scenario and I don’t want to take any chance of scrutiny

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