Regarding Tax Audit

Suppose a person has Income from Salary of Rs.10,00,000/-
And Loss from Trading in Futures and Options of 1,50,000 with turnover of 14,00,000 ...
Is it necessary to get Tax Audit Done..?
Replies (1)

No. (Inference section 44AA of IT act, sunject to preceeding 2 years data).

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