There is a loss, and F & O turnover also exceeded 2 cores. we have f&o complete details in excell format and all payments routed through bank only.
Also I am partner in firm. Some MF investments made monthly and MF payments were from same bank. I have got F& O loss summary from Broker.
All bank entries and F & O loss from each scriptt from excell recored in tally. For audit this is sufficient ?
1 Replies
Kapadia Pravin
(17259 Points)
Replied 04 September 2019
it's sufficient that you provide these details alongwith contracts, MF statements, bank book, ledger , loan details if any TDS statement if any and other details your tax auditor ask for.
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