Derivatives transactions
SUSHANT BIDAYE (578 Points)
31 March 2021profit Rs. 10 lakh
loss Rs. 3 lakh.
so turnover 13 Lakhs.
can I show my profit at 8 % i.e. 1.04 lakhs and pay tax,
whereas my actual profit is 8 lakhs
SUSHANT BIDAYE (578 Points)
31 March 2021
Vasudevan C P
(403 Points)
Replied 15 July 2021
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