Yes, you have to start filling your returns some time, getting an audit done or not can be a question . . .
Make it simple a RR decision, lets say you spend 15 K extra on getting the Audit done . . .
Now assuming you will be in the 30% bracket next year :thumb:
so if you have a loss bigger than 45K, then helps to carry it forward
and adjust it against future gains,
Also carrying forward the loss will be true to your current trading strategy
Happy
and adjust it against future gains,
Also carrying forward the loss will be true to your current trading strategy
Happy