Tax rate for the trader in F&O
This query is : Resolved
10 January 2009
Hi,
I am a salaried individual and trading in F&O segment of stock market. My turnover is more than 40 lakhs.
Can I go for the direct tax or I have to go for the audit?
What are the documents I have to submit to IT Dept.?
This is my first year when I started trading in F&O.
Thanks in advance
Best Regards
Anand
I am a salaried individual and trading in F&O segment of stock market. My turnover is more than 40 lakhs.
Can I go for the direct tax or I have to go for the audit?
What are the documents I have to submit to IT Dept.?
This is my first year when I started trading in F&O.
Thanks in advance
Best Regards
Anand
10 January 2009
IN F & O TRADING YOUR T/O IS NOT TO BE TAKEN FOR CALCULATING THE LIMIT OF 40 LKHS U/S 44AB BUT YOUR PROFIT/LOSS IS TO BE TAKEN INTO CALCULATION FOR 40 LKHS
CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674
CHANDRAKANT AMBANI
BOMBAY
9819408963
9821240674
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