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F & O Trading

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(Querist)
19 June 2016 Can Sec 44AD provisions of presumptive taxation declaring 8% as income be applied for person engaged in F & O trading having turnover of 80 lakhs in FY 2015-16?
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amit gaur

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amit gaur (Expert)
20 June 2016 yes, 8% provision is applicable on F&O business too.

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