CA certificate required in case of F&O Sales & Purchase
This query is : Resolved
07 June 2024
Sir/Madam
I have little bit confusion that is any requirement of CA Certificate in case of any assessee made F&O on daily basis for filing of income tax return??
Is any statutory limit of profit and loss for getting ca certificate??
please share me any link for detail reading.
thanks in advance
I have little bit confusion that is any requirement of CA Certificate in case of any assessee made F&O on daily basis for filing of income tax return??
Is any statutory limit of profit and loss for getting ca certificate??
please share me any link for detail reading.
thanks in advance
07 June 2024
CA certificate that's tax audit required only in case your turnover exceeds 10 crore as your payment will be through banking channel and cash payment less than 5%.
07 June 2024
Sir,
mean turnover less than 10 crs out of F&O is not required to get ca certificate for any profit or loss??
mean turnover less than 10 crs out of F&O is not required to get ca certificate for any profit or loss??
07 June 2024
Yes, you are right....
...
...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Confusion around Form 26QB fields
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
