Poonawalla fincorps
Poonawalla fincorps

f&o

This query is : Resolved 
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(Querist)
05 October 2009 A person having business turnover of Rs39 lacks and F&O turnover of Rs4 lacks,whether he is liable for audit u/s 44AB?
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
05 October 2009 Not go for tax audit. F&O income or turnover treated as a capital gain.

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