Speculation activity

total sales turnover of gros

s turnover from security business required for this activity if the turnover is more than rupees 1 crore
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Quick Summary
This discussion seeks clarification on whether a tax audit is required for businesses in the security sector with a gross turnover exceeding ₹1 crore. The original query was unclear, and further details are needed to determine the specific tax obligations related to speculation activity and turnover thresholds in India.

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Whether tax audit required

 

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