Mr A has done Forex trading through. He has loss during the sale.
Under which head of income should the loss be declared.
Is income from forex trading speculative or non-speculative?
If non-speculative, how to calculate the turnover for assessing profit or loss?
Is tax audit applicable u/s 44AB if there is loss?
Please help me.
We, Comxpro will be handy to purchase and sell the currencies on the global financial market. Our decades of experience allow us to refine the offerings to meet the desired needs of our clients.
CAclubindia
