Bhai, I am no tax expert, just a trader like you. I was doing business (not market trading) since last many years, so knew something about taxation.
Though without complete details, I cannot post my opinion. But want to know, if your total income is above 2.5 L. Moreover your loss in fno is being adjusted with FD income. But even then, if your total income is above 2.5 L, then IMO, yours is an audit case.
Though without complete details, I cannot post my opinion. But want to know, if your total income is above 2.5 L. Moreover your loss in fno is being adjusted with FD income. But even then, if your total income is above 2.5 L, then IMO, yours is an audit case.
so my CA says audit is not required.