I AM A BANK EMPLOYEE. MY TURNOVER FROM SHARE TRADING IS MORE THAN 60 LAKHS.SHOULD I GO FOR AUDIT
O.P.KHANDELWAL (service) (36 Points)
13 September 2010I AM A BANK EMPLOYEE. MY TURNOVER FROM SHARE TRADING IS MORE THAN 60 LAKHS.SHOULD I GO FOR AUDIT
CA Gandharv Sharma
(Financial and Taxation consultant)
(514 Points)
Replied 13 September 2010
definately... income from share trading comes under the head business and profession nd u wil have to be audittee in ur case u/s 44ab.
Saurabh Toshniwal
(ca final)
(2358 Points)
Replied 14 September 2010
Originally posted by : Gandharv | ||
definately... income from share trading comes under the head business and profession nd u wil have to be audittee in ur case u/s 44ab. |