Easy Office

Tax audit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 October 2015 I trade in shares mostly intraday . I want to file ITR4S. How I will determine my turnover for presumptive taxation ? Shall be very thankful if some body guide properly
:
Ism it will be Turnover :Sale price-purchase price

550000=450000=100000 will be turnover
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
05 October 2015 Turnover is only the sale price.
Profile Image

M J NARASIMHESWAR

Profile Image

M J NARASIMHESWAR (Expert)
05 October 2015 For intra-day transactions the Sale - Purchase price is turnover. Otherwise the Sale price is to be reckoned
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


easyoffice CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links