I have made a Short Term Profit of Rs.300000 lakh approximately in September 2007 and since I do not have any other income, i plan to fill the ITR-2 form and since these profit has accrued due to more than 100 transactions, i have not kept details of the records but would like to pay my taxes even if it means a little more to the government.
1. Since I do not keep track of the short term shares sales records and since taking from the broker statement is a cumbersome job, i wish to know if based on my investment and the profit i made, can i put the above amount of Rs.300000 as profit and pay tax on this(the tax i will be paying will be more ultimately).
2. Please advise if I fill Part B - TI Computation of total income 3a Short Term i. Short-term - 300000 and then 3c. Total Capital Gains (3aiii+3b) Rs.300000
3. Please advise if any other colums in the ITR-2 form needs to be filled or not. If yes, advise will be appreciated.\
4. I am staying in Sanpada, Navi Mumbai Which Ward/Circle should i put in the ITR-2 Form
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