Tax audit liability

Sir if intraday trading turnover exceeds 2 CR then it is liable to tax audit or not
Client is using margin of 10x
Replies (5)

Audit mandatory u/s. 44AB......

Hi Sir,

I am new student of Auditing,
Please help me

Yes Dear, ask if you have any query.......

Follow your principal, and collegues whenever any question arises....

Sir read sec 43(5) of income tax which defines speculative business and explanation of turnover for the purpose of tax audi
thank you and congratulations

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