A partnership firm having nature of business of trading in equity, mf, f&o, pms etc... as per it's partnership deed. During fy 23-24 it has t/o as below:
Sale of shares - 3079153 F & O t/o - 28388 PMS Sale value- 3806757 Commodity t/o - 171454
Total t/o - 7085752.
Is tax audit applicable???
Kindly give your valuable suggestion as soon as possible....
CAclubindia
