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Trading Derivatives income as business icome

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need help i have some derivatives loss in my HUF account to the tune of 30 lacs , as i understand DERIVATIVES trading is a business income or loss 

do i need to file it under audit as the total turnover goes over 10 crores

please help urgent

Replies (1)
Yes tax audit is mandatory if turnover crosses 10 crore. plz note formula for calculating turnover is recently updated.


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