sir,
i trade in F&O , please guide what shall constitute purchase/sales as far as page 4 of ITIR4 goes. If we take the enitre purchase/sales than it may go above 40 lakhs,but for audit purposes we toatl plus/minus which is below 5 lakhs. how to write figure in page 4 of itr 4
i trade in F&O , please guide what shall constitute purchase/sales as far as page 4 of ITIR4 goes. If we take the enitre purchase/sales than it may go above 40 lakhs,but for audit purposes we toatl plus/minus which is below 5 lakhs. how to write figure in page 4 of itr 4
your second opinion is correct (aggregate of Profit and loss)....Write purchase as 0 and the profit figure in the sale column.....