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Intraday Loss Audit
Is audit required for intraday loss in equity component of stock market trading ?
Replies (18)
Yes, if you dont wanna declare 6% profit of turnover
Is intraday normal business
No as same is speculation business
Then how come Audit is applicable?
No audit applicable in case of intra day trading.
Even for loss ?
Even speculation business has loss, no audit applicable.
FNO Intraday trading and Equity intraday: under which heads these will be considered?
Both are speculative?
Both are speculative?
FNO is normal business and equity is speculative
FNO Intraday?
Is normal business
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Thanks you got it.
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