Greetings!
.
I want to know whether turnover plays any role in any area of taxability w. r. t. audit or any limit.
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for eg... I Sold 100 shares at 50 & bought at 48 same day. Though my profit is 200. My transaction is of Rs. 5000 .
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Does this 5000 plays any role anywhere?
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Tax on Intraday transactions
Replies (1)
No.........
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