Maintain Books Of Accounts

Maintain Books Of Accounts

Use reports of sales, purchase & expense downloaded from broker for Income Tax Filing for trader. Assessing Officers can use these records to assess taxable income in case of scrutiny.

Read More

What are the requirements to maintain books of accounts and tax audit?

Prepare Financial Statements

Trader with Business Income should prepare & report Balance Sheet and P&L Statement in ITR-3 with details of incomes, expenses, assets and liabilities.

Read More

When is income from Trading considered as Business Income? What Expenses Can a Trader claim in Income Tax Return?
Prepare Financial Statements
Let CA verify your Accounts

Let CA verify your Accounts

If Income Tax Audit is applicable, books of accounts of a trader should be verified. As per the Income Tax Act, a Chartered Accountant should conduct the Income Tax Audit and prepare a tax audit report.

Read More

When is Income Tax Audit applicable to Traders? How to calculate trading turnover to check tax audit applicability?

File ITR with Tax Audit Report

When Income Tax Audit is applicable to a trader, a practicing Chartered Accountant should prepare and file the tax audit report. The trader can file ITR only after the tax audit report is filed by the CA.

Read More

Which ITR Form is applicable to traders? What documents are required to file ITR with trading income?
File ITR with Tax Audit Report
Determine Tax Audit Applicability u/s 44AB

Determine Audit Applicability

Tell us about your income situations &
we will determine if Tax Audit is applicable to you.
Talk To An Expert
Are you an Equity, Intraday, F&O or Commodities Trader? Talk to an expert to ask questions about IT Return & compliances
expert
FAQs
Maintain Books Of Accounts

Maintain Books Of Accounts

Use reports of sales, purchase & expense downloaded from broker for Income Tax Filing for trader. Assessing Officers can use these records to assess taxable income in case of scrutiny.

Read More

What are the requirements to maintain books of accounts and tax audit?
Prepare Financial Statements

Prepare Financial Statements

Trader with Business Income should prepare & report Balance Sheet and P&L Statement in ITR-3 with details of incomes, expenses, assets and liabilities.

Read More

When is income from Trading considered as Business Income? What Expenses Can a Trader claim in Income Tax Return?
Let CA verify your Accounts

Let CA verify your Accounts

If Income Tax Audit is applicable, books of accounts of a trader should be verified. As per the Income Tax Act, a Chartered Accountant should conduct the Income Tax Audit and prepare a tax audit report.

Read More

When is Income Tax Audit applicable to Traders? How to calculate trading turnover to check tax audit applicability?
File ITR with Tax Audit Report

File ITR with Tax Audit Report

When Income Tax Audit is applicable to a trader, a practicing Chartered Accountant should prepare and file the tax audit report. The trader can file ITR only after the tax audit report is filed by the CA.

Read More

Which ITR Form is applicable to traders? What documents are required to file ITR with trading income?
Determine Tax Audit Applicability u/s 44AB

Determine Audit Applicability

Tell us about your income situations &
we will determine if Tax Audit is applicable to you.

Talk To An expert

Are you an Equity, Intraday, F&O or Commodities Trader? Talk to an expert to ask questions about IT Return & compliances
FAQs
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