Tax audit u/s 44ab

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 July 2012 IF SONE ONE IS CARRING OUT FUTURE TRADING IN METALS HOW WOULD ONE ARRIVE AT THE TURNOVER TO BE CONSIDERED FOR TAX AUDIT

Guest

Guest (Expert)

30 July 2012 Purchase and sale in future trading (dr and cr net balance) will be clubbed for calculating turnover for the purpose of tax audit.

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