Commodity trading
This query is : Resolved
29 July 2014
THE LOSS INCURRED IN COMMODITY TRADING IS TO BE SHOWN UNDER WHICH HEAD ?
29 July 2014
Shown under the head Profit and Gains of Business or Profession.
30 July 2014
Also please note that if your total trading turnover is less than Rs 1 cr and you wish to claim losses, you shall be required to get the tax audit done.
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