Future & option trading turnover calculation
This query is : Resolved
05 April 2016
hello, experts
Kindly help me to calculate the turnover for Future and Option trading for tax audit.
I mean how to calculate Turnover for F&O Trading for TAX AUDIT. AND
What is the limit for tax audit for F&O Trading for F.Y. 2014-15.
Plz help me to calculate.
Kindly help me to calculate the turnover for Future and Option trading for tax audit.
I mean how to calculate Turnover for F&O Trading for TAX AUDIT. AND
What is the limit for tax audit for F&O Trading for F.Y. 2014-15.
Plz help me to calculate.
05 April 2016
If the absolute value of profit and loss > 1 crore tax audit applies.
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