I am a student. I have fno turn over of around 1cr for 20-21 year. My loss in fno is 15k and gains in intraday equity is 4k .
Should I file income tax returns? If so how? Some body please ...
After adding my intraday speculative income, to my gross salary income, can I avail of 80 c benefits on the sum total, standard deduction etc. This is the first time I have come within tax bracket, because of speculative income.
I have an OPC registered.
I want to understand what all expenses would be considered to reduce the taxable income
Also want to understand the depreciation part for all those qualifying expenses.