Whether shares or commodities trading cover u/s 44ad
This query is : Open
26 June 2013
suppose a person has a cash turnover of Rs 35 lakhs, and f&o difference turnover is 13 lakhs and he has incurred loss of Rs 1.25 lakhs , as profit is less than 8%, whether audit provisions are applicable or not?....
kindly suggest.. its urgent
kindly suggest.. its urgent
26 June 2013
TOUROVER RSW. 35.00 LACS PROFIT RATE IS BELOW 8% THE HE HAVE TO AUDIT
26 June 2013
it means share trading is also in perspective of sec 44 ad..
whether it overruled guidance note of sec 44 ab
whether it overruled guidance note of sec 44 ab
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