SEC 44AD INCOME TAX ACT
IS A SHORT TERM TRADER IN STOCK MARKET TO FILE RETURN OF INCOME UNDER SEC 44 AD? AND IS ITR IV APPLICABLE FOR HIM?PL. REPLY
Yes, you can file U/s 44AD, Short Term Trader of Shares comes Under the Catagory of Speculative Business, there is no any restrictive bar to file U/s 44AD in this case. only commission income can not be taken in the given section.