Tax audit under section 44ab

This query is : Resolved 

14 January 2014 PLEASE GUIDE ME IF AN INDIVIDUAL FILING ITR 2

HE IS A INVESTER UNDER THE HEAD CAPITAL GAINS

HE SOLD HIS SHARES VALUE OF SALES EXCEED RS,

ONE CRORE IS LIABLE FOR TAX AUDIT UNDER

SECTION 44 AB OF INCOME TAX ACT

14 January 2014 nopes...not applicable...only where the income is under business/profession, tax audit applies..

14 January 2014 THANKS A LOT I WAS CONFUSED ABOUT THIS

YOU HAVE CLEARED MY CONFUSION

14 January 2014 you are welcome friend...


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