Easy Office
LCI Learning

Audit of derivative transactions

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 July 2009 Is an individual dealing in derevatives require to get his books of accounts audited U/S 44AB if annual turnover exeeds 40 lacs. Please comment.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
10 July 2009 Turnover for F&O is the script wise gain+loss. If such turnover crosses Rs.40/-lakh per annum section 44AB attracts.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links