Profit v/s turnover
This query is : Resolved
10 February 2019
IF I HAD
BUSINESS INCOME (SPECULATIVE GAIN FROM STOCK MKT…EQU+F&O)
PROFIT 2.30 L
EQUITY SHARE PURCHASE & SOLD ......ABOVE 8 CR
IS IT TAX AUDIT
LIABLE TO FILE RTN…BELOW TAXABLE LIMIT
EML--LOOK4U@REDIFFMAIL.COM
BUSINESS INCOME (SPECULATIVE GAIN FROM STOCK MKT…EQU+F&O)
PROFIT 2.30 L
EQUITY SHARE PURCHASE & SOLD ......ABOVE 8 CR
IS IT TAX AUDIT
LIABLE TO FILE RTN…BELOW TAXABLE LIMIT
EML--LOOK4U@REDIFFMAIL.COM
11 February 2019
yes. You are liable for tax audit.
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