capital gain problem

This query is : Resolved 

31 March 2009 hi ! every one !send me answer as soon as possible . question : i have business of dealing in shares . If turnover goes above rs 40 lacs in nifty future then what is the tax treatment ?

31 March 2009 i think for nifty profit amt is taken as turnover so u need to see profit and not sales...

31 March 2009 You have to Go for Tax Audit u/s 44AB.




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