Tax Audit applicable for fy 24-25


This query is : Resolved 

Quick Summary
This discussion clarifies the tax audit requirements for the financial year 24-25. It addresses how to calculate total turnover by summing the absolute values of profit and loss from trades. The user is seeking guidance on whether a tax audit and 3CD report are necessary based on their reported turnover figures.

16 June 2025 Sir,

Please guide me how much total Turnover for the fy 24-25--

Options 31,583,718.00 30,767,861.50 -815,856.50
Scrip Name Buy Price Buy Value Sell Value Realized P&L

Tax Audit and 3CD Report required due to above transactions?

16 June 2025 you need to calculate the sum of absolute values of the profit/loss of each trade. Thats your turnover.

16 June 2025 Sir,

How to calculate absolute figure??

I provide you total sales value of each scripts.

18 June 2025 google it. there is a simple formula.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Follow