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Tax Audit in case of Future & Options

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(Querist)
03 April 2008 Sir,
When the assessee is liable to Tax Audit u/s 44AB. It depends on Turnover or Profit Earned durig the year. Profit should be gross or net after adjustment of losses.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
03 April 2008 Turnover, Sales or gross receipts as the case may be is the criterion.
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
04 April 2008
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