Maintainance of books & audit u/s 43ab for f & o loss
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Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2013
hi
is Maintainance of books & Audit u/s 43AB for F & O Loss compulsory irrespective of turnover.
My turnover is less than 1 crore & f & o loss of about 2 lakhs for FY 2012-13 AY 2013-14
Please help
is Maintainance of books & Audit u/s 43AB for F & O Loss compulsory irrespective of turnover.
My turnover is less than 1 crore & f & o loss of about 2 lakhs for FY 2012-13 AY 2013-14
Please help
29 July 2013
Yes. for claiming loss under F&O business maintenance of books and tax audit is compulsory
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