suppose a person has turnover of rs. 60lakh from share trading
whether the person is required tax audit?
Saurabh Toshniwal (ca final) (2363 Points)
23 September 2010suppose a person has turnover of rs. 60lakh from share trading
whether the person is required tax audit?
CA Navin Jain
(MANAGER (FINANCE & ACCOUNTS))
(11768 Points)
Replied 23 September 2010
IF SHARE TRADING IS CONSIDERED AS BUSINESS THEN TAX AUDIT IS REQUIRED