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share trading

Others 225 views 3 replies
hello I hv a query regarding share trading.
like I trade in cash market only n always take delivery of shares . no intraday transaction no futures& options trading . Now my question is
1: what is the maximum limit of turnover to avoid tax audit???
2: how to calculate turnover in above cases???
Replies (3)

" no intraday transaction no futures& options trading .........."

No question of tax audit whatever be your turn over, provided you have been declaring your long term &/or short term gains/losses from the delivery based transactions....

hi,

as u r not involved in business of selling nd buying of shares, so no qstn of tax audit

no question of tax audit.
treated as short term capital gain or loss.


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