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CA certificate required in case of F&O Sales & Purchase

This query is : Resolved 

07 June 2024 Sir/Madam

I have little bit confusion that is any requirement of CA Certificate in case of any assessee made F&O on daily basis for filing of income tax return??

Is any statutory limit of profit and loss for getting ca certificate??

please share me any link for detail reading.

thanks in advance

07 June 2024 CA certificate that's tax audit required only in case your turnover exceeds 10 crore as your payment will be through banking channel and cash payment less than 5%.

07 June 2024 Sir,

mean turnover less than 10 crs out of F&O is not required to get ca certificate for any profit or loss??

07 June 2024 Yes, you are right....
...


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