Re: Please help, need answers ASAP
I won't be trading F&O in future as it was just an experiment. So, can I show myself as investor in this case?
I won't be trading F&O in future as it was just an experiment. So, can I show myself as investor in this case?
Given the new amendments introduced last year, once you choose an option - to go for 44AD or not, you cannot change the option for next five years.
So i would better suggest that you go for net income option and merge the turnover of both and get the audit done.
with regards to declaring yourself as a trader or investor, it never helps to go for investor option as it is much more difficult to adjust capital losses in future.
So i would better suggest that you go for net income option and merge the turnover of both and get the audit done.
with regards to declaring yourself as a trader or investor, it never helps to go for investor option as it is much more difficult to adjust capital losses in future.