Guidance Note on Tax Audit

Manjunath , Last updated: 07 March 2008  
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Guidance Note on Tax Audit - Issued by ICAI THE TURNOVER OR GROSS RECEIPTS IN RESPECT OF TRANSACTION IN SHARES, SECURITIES AND DERIVATIVES MAY BE DETERMINED IN THE FOLLOWING MANNER. (a) SPECULATIVE TRANSACTION: A speculative transaction means a transaction in which a contract for the purchase

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Manjunath
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Category Income Tax   Report

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