Comment on Tax loss harvesting

Laxmi.Reddy commented on 13 Sep 2016, 09:25 PM

Hello Nithin,
my turnover is below 1Cr,profit from f&o is 4.10lakhs.I paid a tax Rs 15750,as I dont have any 80C investments yet.Do I attract audit?In above reply of Tushar you said that nil tax so no audit.
Also,what about the 8% rule?When do we apply that?I’m totally confuse though I read your other readings.

thx

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