Please provide me audit limit for future and option trading. Please Please provide circulat or any file u have.
Thanks
Please provide me audit limit for future and option trading. Please Please provide circulat or any file u have.
Thanks
Hi Hardik
In case of Income earned through Trading in future and option exceeds the limit prescribed u/s 44AB
i.e Rs. 60 Lakhs. The Audit is got compulsory.
In your case if limit of 60 Lakhs got exceed the audit will become compulsory accordingaly.
Thanks and Regards
Suraj Pahuja
agreee with above
| Originally posted by : pahuja | ||
 |
Hi Hardik In case of Income earned through Trading in future and option exceeds the limit prescribed u/s 44AB i.e Rs. 60 Lakhs. The Audit is got compulsory. In your case if limit of 60 Lakhs got exceed the audit will become compulsory accordingaly. Thanks and Regards Suraj Pahuja |
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