Comment on Tax loss harvesting

Tushar commented on 13 Sep 2016, 06:32 PM

yes,I went through that beautiful and detailed explanation by you.
Proud to be a part of Zerodha as a Trader.

My query related to above remark-
“Different people follow different rules”
-Ok,but will I get a scrutiny notice by ITO someday for-The turnover they got to see on my PAN database is different than the turnover I’m submitting in my audit report??
Will someday ITO ask me that,” your turnover showing on database is 3.87Crs but you showed in audit report is 2.17Crs…”

Even if I pay taxes properly,there will be huge difference between “Tax P&L report” and “Tradewise future turnover report”


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