ITR

64°
Deal Cadet
nikhil9702

Is it necessary to file ITR for short term gain(IPO) even if my annual income less than 2.5L but i do a lot of money rotation transactions.
This is first time in my life I got IPO after continuously trying since last 6 months.

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Filing the ITR is advisable but wouldn’t be a problem if you don’t fall under the tax bracket, BTW what’s the yearly volume of rotation you’re doing?

Pro Entertainer Pro Entertainer
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Yeah, file it. Go with Cleartax. It won’t take more than 10-30mins, even if you are filing for the first time.

Deal Cadet Deal Cadet
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ravi7052 wrote:

Filing the ITR is advisable but wouldn’t be a problem if you don’t fall under the tax bracket, BTW what’s the yearly volume of rotation you’re doing?

Credit card money and also transfers to friends

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