Hello All,
I am new to Intraday and Short Term Trading. I don’t know how to file Income Tax before 31st oct 2017
Following is the Snapshot of trading activity from Jul-2017 to Sept-2017
- Short Term Trading
Buy Price: Rs 20000
Sell Price: Rs 20500
Profit: Rs 500
Other Expenses: Rs 50
-
Intraday Trading:
Total Buy Turnover:8859401.00
Total Sell Turnover:8852205.80
Profit: 12947.95
Loss:-20143.15
Net Profit/(Loss): (-7195.20) - Loss
[Brokerage Charges: 1,744.62
[IGST 18% On Brokerage]: 314.02
[IGST 18% On Charges]: 103.61
[SEBI FEES]: 26.56
[STAMP DUTY ]: 531.37
[STT-SQUP]: 2,215.00
[TURNOVER CHG*]: 575.61
Total Expenses: 5,510.79
Kindly help me in following points
- Should I file income tax on or before 31st Oct 2017
- If yes, kindly explain under what different heads in ITR4 I have to put above data?
- Should I get the above statement audited?
Kindly let me know if I am missing something
Regards
Manoj