14 November 2019
An assesssee who invest MCX COMMODITY tRADE. dURING THE YEAR ONLY 3 TIME TRADE DONE TOTAL PURCHASES 706000 TOTAL SALES 703250.DURING THE YEAR. aSSESSEE'S OTHER INCOME EXCEEDS TAXABLE LIMIT. hOW TO TAX COMMODITY TXNS
16 November 2019
i WANT TO KNOW WHETHER IT IS NON-SPECULATIVE TRANSACTION & tURNOVER IS TO IGNORING POSITIVE AND NEGATIVE DIFFERENCES AS TURNOVER AND 6% AS INCOME U/S 44AD IS APPLICABLE TO IT
CAclubindia
