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shares turnover on intraday and in case of loss if audit liability

Others 396 views 3 replies
shares turnover on intraday and in case of loss if audit liability
Replies (3)
intra-day is considered Speculation business
Turnover means profit + loss for each trade squared up. Total of both whether profit or loss
No audit if such total is less than 1 Crore.
Books of account mandatory
File ITR3 item No 65
How I manage book of account
Try visit telegram and search @ SpTechTrade or visit web t.me/sptechtrade


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