two businesses
This query is : Resolved
26 March 2008
if a person trades in shares and provides professional services as well, wil seperate p&l accounts be prepared to ascertain the net profit from the two?
if no, then how will we assess the income from share trading in order to claim the rebate u/s 88E
if no, then how will we assess the income from share trading in order to claim the rebate u/s 88E
26 March 2008
U have to maintain separate books of accounts for share income and as well as for Professional income.
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