Section 44ad

This query is : Resolved 

30 March 2014
does share trading by indivsale comes under
section 44ad business and can file return on the basis of no accont basis than what shall write in form(IT-4S) COLUMN51 AGAINST TOOTAL RECEIPT

30 March 2014 If share trading is your business which means your holding period is less than 30 days then it is treated as share trading business and if the turnover is below tax audit limit then you can take the benefit of 8)AD and show 8% profit of the turnover.



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