Easy Office
LCI Learning

Share trading

This query is : Resolved 

30 March 2014 i could not understand share trading/section44ad/turn over and requirement of audit if loss in trading

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query