in case of intraday trading
1,00,000 Shares bought at 700 Each
and subsequently Sold for 600 Each on Same day
Will it be a speculative Business
what will be the turnover
Is their any requirement for audit
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Treatment of loss from intraday trading
Replies (3)
It will be speculation business and turnover will be sales value i.e.rs. 7 crores.
in my opinion.
in my opinion.
It is speculation loss. Turnover is differential amount that is 1 cr
Pravin sir, is there a circular/cbdt clarification for turnover as differetial amount ?
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