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Profit from share trading activity & tax audit read more at

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 August 2015 If my Turnover in trading in shares is Rs.40 Lacs causing loss of Rs.25000 and my other Income From Other Heads amounting to Rs.245000. Will I be required to get my books of accounts audited u/s 44AB?Gross total income does not exceed slab limit of Rs.250000

Read more at: https://www.caclubindia.com/experts/experts_profile.asp?member_id=85931
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
06 August 2015 no...audit is not required.........
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