Assessee has Following Incomes
Salary: 1000000
44ADA Turnover: 1500000 and Profit Shown: 975000
F&O Turnover: 1400000 and Loss: 350000
Can Assessee opt for 44ADA for profession and Prepare books for F&O Loss. Whether Tax Audit Applicable?
Assessee has Following Incomes
Salary: 1000000
44ADA Turnover: 1500000 and Profit Shown: 975000
F&O Turnover: 1400000 and Loss: 350000
Can Assessee opt for 44ADA for profession and Prepare books for F&O Loss. Whether Tax Audit Applicable?