I am doing job in pvt company my salary is 5000 per month.side by side i have opened demat a/c in karvy for share trading amount deposited in demat a/s is 30000 daily trading amount is aprox.10times of 30000.should i will have to fill income tax return.
Re: should i fill i t r or not
by santosh on May 30, 2012 02:11 PM Permalink
You would be liable to file I.T Returns only if you Income Exceeds the Basic Exemption Limit.... If ur Income Exceed then yes you are liable to pay tax .....and file ur income tax return by 31st July of the relevant assessment year.