ITR Filing: ‘Trading profit is ₹21,000, but taxable gain ₹1 lakh – How’s this Possible?’ Reddit post sparks debate

In a viral Reddit post, a user claimed his taxable gain was five times his actual profit. The huge gap between what he truly earned and the profit the tax department will consider to calculate income tax left him stunned. Could this really happen? Here’s the explanation.

Leave a Reply

Your email address will not be published. Required fields are marked *