- I havent traded futures
- I havent traded stocks or currency
- I am a student. My income is below 2.5 lakh. In fact, there is no income except the 50k that i have gained in option selling
- No rent or any other source of income
No Audit is applicable as your turnover is below the threshold limit of Rs 10 Crore.
Tax audit is recommended when a trader has a high turnover. However, if the total income is less than INR 2,50,000 then an audit will not be applicable.