Tax audit u/s 44ab
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2012
IF SONE ONE IS CARRING OUT FUTURE TRADING IN METALS HOW WOULD ONE ARRIVE AT THE TURNOVER TO BE CONSIDERED FOR TAX AUDIT
Guest
Guest
(Expert)
30 July 2012
Purchase and sale in future trading (dr and cr net balance) will be clubbed for calculating turnover for the purpose of tax audit.
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