I also file itr4 and the trading income under section 44 ad. My itr is processed. So maybe there is some other mistake that lead to error.
I dont fall under 44AD,but the income from other sources+FD=2.5L.
F&O trading is in loss,but no audit case.So I told my CA to file a normal return.But he filled a column under 44AD section,thus the return is defective.Its asking to upload Balance sheet and all that stuffs.
never expected such a mistake from a CA who's a full time working under a reputed firm.
So,how to find a good CA with f&o knowledge?You know,I know this auditing stuffs etc just because I trade with
Zerodha and I got T
raderji as a platform.Else other brokers
dont even tell their clients that there's a thing called
auditing.I was one of them when I started.
There's still a lot of illiteracy among traders and f&o auditors and thats why they differ in their views lekin Kitab to ICFAI ki hi padhi hai naa?