banner_ad

F&O Business

Others 222 views 4 replies
User Avatar

article
34 Points Posted on 05 March 2019
Can we apply provisions of presumptive taxation (8%) in case of F&O business????
0 Reply Share Follow
On 05 March 2019 at 19:03 Report
Replies (4)
User Avatar

SEO Sai Gr. Hosp.
211715 Points Posted on 05 March 2019

Yes..... Minimum profit to be declared is 6%.

1 Reply
On 05 March 2019 at 19:08
User Avatar

Student
7053 Points Posted on 05 March 2019
The small trader can disclose his income at any level above 6% of turnover. Earlier, the minimum required to be disclosed was 8% but this was reduced to 6% from 2016-17 onwards
1 Reply
On 05 March 2019 at 20:28
User Avatar

512 Points Posted on 05 March 2019
6% only if all the gross receipts are recd by account payee cheque or draft or by electronic mode...otherwise 8%
Reply
On 05 March 2019 at 22:18
User Avatar

CA FINAL ASPIRANT
3115 Points Posted on 07 March 2019
yes , you can...but minimum profit to be declared is 6%
Reply
On 07 March 2019 at 21:30


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details