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.
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