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vishak (manager)     06 September 2012

Tax audit for derivatives?

One person is doing derivative trading both in stocks as well as currency segment apart from his regular salaried job. As turnover which is required for tax audit, is easily achived weather tax audit is required and business income to be shown in return?

How to compute turnover, if any latest guidance note please?

Any planning ?



Learning

 1 Replies

JITENDRA B. DHOKA (C. A.)     06 September 2012

Dear Vishak,

pl. refer guidance note by ICAI.


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