Menu
Audit on Options loss
Whether audit under income tax is required for loss on options trading? as profit declared is less than 6% and also turnover from options trading is just Rs.4L.
Replies (2)
Quick Summary
Yes audit is required
No tax audit required as your turnover is below 1 cr/ 5 cr.
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
