Tax Audit in Case of F&O

Atul M (aaa) (729 Points)

21 July 2018  
Dear Sir,

please solve the below query :

Total Taxable income of Mr. A for F.Y 2017-18

Turnover from F&O=4,80,925

Salary chargeable under the head Salary= 3,95,174

Other Income - Nil

Non- Speculative Loss (F&O) = (2,11,996)

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Total Taxable Income -3,95,174

Loss to be C/f =(2,11,296)


In the given case , Tax Audit will becomes compulsory ?




Thanks in Advance .