Fno trading audit requirement
This query is : Resolved
09 April 2024
My fno turnover is less than 1 crore and i have made a loss,i also have proprietorship firm for which i file under sec 44AD presumptive income.is audit mandatory to claim loss next year
10 April 2024
Turnover less than 1 crore audit not required.
10 April 2024
i believe your turnover under 44AD is in addition to F&O turnover. Can you indicate your total turnover.
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