29 December 2010
Mr. A is working & drawing Salary of Rs. 3 Lakh. I do investment & trading in Shares say Rs. 60 Lakh p.a. Is he go for Tax Aduit or Not ? If yes, can he adjust the Profit against Short Term Carry Forward Loss against Last year ? or he is to pay Tax @ 30% on Profit ?
CAclubindia
