Hello,
Salary Income - 6 lakh
Intraday Trading loss - 3 lakh.
Audit is compulsory if I want to carry forward losses??
Menu
ifaudit is required??
Replies (4)
Yes, if turnover from intraday transactions exceed as specified u/s. 44AA or if opted sec. 44AD previously.
turnover only 16lakh.. loss 3 lakh.. and salary 6 lakh..
audit applicable or not if want to carry forward losses.. As other income above basic exemption limit. please reply.
audit applicable or not if want to carry forward losses.. As other income above basic exemption limit. please reply.
Whether sec. 44AD was opted in any of earlier 2 years, If yes, audit applicable; otherwise no.
thanks a lot sir.
Recent Threads
- IMS data not showing
- Please explain about tax calculation in fy 2025-26
- HSN Summary in builder case
- HOW TO DEAL WITH TRAVEL AGENT- HOW THEY RAISE THE
- E Way and E invoice required while movement of Exp
- ESI Applicability As per new wage Code
- Hottest NRI revenues and taxes on it in india
- LTCG on Sale of land bought on 23.07.14 and sold o
- PART B TO D IN INCOME TAX BLOCK RETURN ITRB
- 44ADA (software) and 44AD (app sales on store) whi
Related Threads
CAclubindia
