Audit u/s 44ab
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2014
Hi
I am trading in shares short & long term both.
for 2013-14 my total turnover was around Rs. 2 crore.
but profit & loss a/c shows loss of Rs. 40000/-
whether my books of accounts are required to be audited???
I am trading in shares short & long term both.
for 2013-14 my total turnover was around Rs. 2 crore.
but profit & loss a/c shows loss of Rs. 40000/-
whether my books of accounts are required to be audited???
12 August 2014
Yes you have to get accounts audited under Income Tax Act
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