I have a loss in future & option trading of 13 lakh on turnover of 30 lakh in this case tax applicable?
and even I have other in come of professional fees which I show under section 44ADA.
Unless he has opted out of presumptive assessment in any preceding five years, tax audit is not mandatory.
Most welcome.
R P S K & Associates
Nashik
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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CAclubindia
