An Economic Times reader seeks guidance on filing income tax returns (ITR) after earning over Rs 50,000 from trading RBI-approved currency pairs like USD INR, GBP INR, and EUR INR. Experts clarify that such trading is considered non-speculative business income, taxed at applicable slab rates. Options include presumptive taxation under Section 44AD, requiring 6% profit on turnover, or maintaining books of accounts if actual profit is lower, potentially necessitating a chartered accountant audit.