Derivative trading treatment i.tax
This query is : Resolved
01 June 2016
Details of Derivative Transaction F & O is as under TOTAL OF Purchases 19020200 Total of
Sales 11050500 Profit 160605 Losses 243080 Net Loss
82475 Whether above F& O Transaction will Come Under Tax Audit, Under which Head Return will
be Filed
Sales 11050500 Profit 160605 Losses 243080 Net Loss
82475 Whether above F& O Transaction will Come Under Tax Audit, Under which Head Return will
be Filed
01 June 2016
prima facie NO.
find out the MOD (positive) value of all the transactions. If it exceeds the limit, then tax audit becomes applicable.
find out the MOD (positive) value of all the transactions. If it exceeds the limit, then tax audit becomes applicable.
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