Commodities trading and tax audit

is tax audit applicable for commodities trading particulurly gold and silver.
.
Replies (3)
Quick Summary
This discussion explores whether commodities trading, including investments in gold and silver, is subject to tax audits. It highlights that tax audits become applicable if your annual turnover exceeds the specified limit under Section 44AB of the Income Tax Act.

People can use commodity trading to diversify their portfolios and at the same time, buy and sell actual commodities such as gold, silver or pulses.
Missing: audit ‎| Must include: audit
If turnover exceed specified limit u/s 44AB.
Mr. Mohan applicable.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details