Tax Audit for Shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 April 2011
What is the condition under which tax Audit is compulsory for who are dealing / trading in Shares?????????????????
07 May 2011
IF ONE TREAT THE ACTIVITY OF TRADING SHARES AS BUSINESS ACTIVITY THEN THE ACCOUNTS NEED TO BE AUDITED IF THE TURNOVER LIMIT CROSSES 60 LACS.
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