8 Jul 2018
I am a salaried individual with salary income 6.8 laks, short term capital gain turnover 35laks, short term capital gain profit 39k. Since my profit is less than 8% of the turnover, do I need an audit under 44AB, or, can I continue filing the ITR myself?
Ms Urvi Gandhi
10 Jul 2018
I understand from your question that you do not have any business income. You have Capital Gains. Hence, audit is not required. Showing 8%/6% profit is for specified business incomes and not for capital gains