Investment Audit

Agr kisi ne 2 crore 14 lakh k share purchase kiye or 2 crore 8 lakh k sale
6lakh ka loss hua toh kya Audit hogi?
agr audit ho toh kese bacha jaye pls help with example.
Replies (1)

Audit depends on how is the turnover is calculated. 

Out of the total sales, you need to consider how much is the intraday transactions.

Then remaining sales is to be considered as normal turnover. 

You will also have to decide whether the transaction need to be considered as business or investments. 

Kindly share more details. on caparth @ parthdshah.com

 

 

 

 

 

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