Business Expenses

844 views 2 replies

If I am regularly trading in share in my personal name, can I show the same as business income/loss and set off corresponding expenses against it?

Replies (2)
Yes you can do, but for this your turnover may be out of 40 Lakhs and you will be liable for Tax Audit .. if so
Thanks for the info


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register