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Intraday Loss Audit

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CFO- at NHTF
58280 Points Posted on 24 April 2022
Is audit required for intraday loss in equity component of stock market trading ?
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On 24 April 2022 at 22:03 Report
Replies (18)
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accountant
953 Points Posted on 14 June 2022
Yes, if you dont wanna declare 6% profit of turnover
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On 14 June 2022 at 00:34
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CFO- at NHTF
58280 Points Posted on 14 June 2022
Is intraday normal business
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On 14 June 2022 at 07:56
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Chartered Accountant
86505 Points Posted on 14 June 2022
No as same is speculation business
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On 14 June 2022 at 08:28
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CFO- at NHTF
58280 Points Posted on 14 June 2022
Then how come Audit is applicable?
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On 14 June 2022 at 20:42
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Chartered Accountant
86505 Points Posted on 15 June 2022
No audit applicable in case of intra day trading.
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On 15 June 2022 at 02:20
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CFO- at NHTF
58280 Points Posted on 15 June 2022
Even for loss ?
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On 15 June 2022 at 08:24
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Chartered Accountant
86505 Points Posted on 15 June 2022
Even speculation business has loss, no audit applicable.
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On 15 June 2022 at 18:59
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CFO- at NHTF
58280 Points Posted on 15 June 2022
FNO Intraday trading and Equity intraday: under which heads these will be considered?

Both are speculative?
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On 15 June 2022 at 19:06
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Chartered Accountant
86505 Points Posted on 15 June 2022
FNO is normal business and equity is speculative
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On 15 June 2022 at 19:07
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CFO- at NHTF
58280 Points Posted on 15 June 2022
FNO Intraday?
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On 15 June 2022 at 19:08
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Chartered Accountant
86505 Points Posted on 15 June 2022
Is normal business
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On 15 June 2022 at 19:10
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CFO- at NHTF
58280 Points Posted on 15 June 2022
👍🏻👍🏻
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On 15 June 2022 at 19:20
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Chartered Accountant
86505 Points Posted on 15 June 2022
Thanks you got it.
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On 15 June 2022 at 19:20
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CFO- at NHTF
58280 Points Posted on 15 June 2022
👍🏻👍🏻
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On 15 June 2022 at 19:26


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