I read that tax audit is required if turnover is more than 1 cr, but it may also be required if you need to carry forward losses.
Below is my zerodha stmt 2016 -2017
Total turnover 677816.25
my total turnover FnO is less than 1 cr, do i need to do tax audit ? If i even do wil i be able to carry forward my losses ?
Please advice ?