44 AB for futures and options
hari nath (1 Points)
16 July 2018
If i incur any loss from trading futures and options, whether my IT return is subject to tax audit.
2 Replies
giridhar naveen
(2 Points)
Replied 22 July 2018
If the aggregate positive and negative differences is more than the limit specified u/s 44AB, then it is subjected to tax audit....
dilleswararao jami
(9 Points)
Replied 26 August 2019
no...only if it crosses 2crores
..then tax audit will apply
..then tax audit will apply
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