Capital gain
This query is : Resolved
Mohit Gupta
(Querist)
16 November 2010
is intra day trading will come under tax Audit laws??
Aditya Maheshwari
(Expert)
16 November 2010
Profit + loss in intra day if crosses Rs. 60 lakhs from current year then assessee liable for audit u/s 44AB.
Mohit Gupta
(Querist)
19 November 2010
adita thanks but if we doin trading by both like intra and by taking delivery then wat will be ur answers and is this written in section 44AB??
Aditya Maheshwari
(Expert)
19 November 2010
intra day turnover profit + loss. Delivery trading sales is turnover.
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