@Quicko
Hi,
I have a salary income of 270,000 and I have done some intraday trading where my intraday turnover is 300 rupees and have faced a loss. I also have a short term capital gains of 100 rs. Since I have such a small amount of intraday turnover can I pass it off as STCG or do I need an audit?
Hi Ashish,
In your case since you only have few transactions under intraday trading. And the amount of turnover and loss is not significant, we suggest you don’t claim that loss while filing ITR. You should report the gain from Short Term while filing ITR along with Salary Income. You can use Quicko’s DIY Platform for the same. And it is Free. Hope this helps.
@Hiral_Vakil Thank you for the reply, it’s my first time filing ITR and don’t want to make any mistakes.