Audit is require or not?
siddharth rajput (Student CA IPC / IPCC) (31 Points)
26 June 2017siddharth rajput (Student CA IPC / IPCC) (31 Points)
26 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 26 June 2017
F&O transaction is treated as (normal) nonspeculative transactions.........
In your case both the business incomes are clubbed for TO liability u/s. 44AB
If you declare both income u/s. 44AD.(AY 2017-18)............. No tax audit
Otherwise YES.
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