Tax audit


12 July 2012 hi... i want to know if in speculation business negative turnover or loss exceeds rs. 1 cr. then tax audit is applicable or not...reply as soon as possible.... thank you

12 July 2012 COULD YOU CLERIFY NEGATIVE TURNOVER ?

13 July 2012 means if in speculation business the difference between purchase and sale is got negative or we can say in such business one occur loss of 1 cr. or more then tax audit is applicable or not???




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