Profit v/s turnover


(Querist)
10 February 2019
IF I HAD
BUSINESS INCOME (SPECULATIVE GAIN FROM STOCK MKT…EQU+F&O)

PROFIT 2.30 L

EQUITY SHARE PURCHASE & SOLD ......ABOVE 8 CR

IS IT TAX AUDIT
LIABLE TO FILE RTN…BELOW TAXABLE LIMIT

EML--LOOK4U@REDIFFMAIL.COM


Amol S Joglekar (Expert)


Click to Talk 11 February 2019
yes. You are liable for tax audit.


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