Comment on Tax loss harvesting

Nithin Kamath commented on 13 Sep 2016, 10:13 PM

Suggest you to go through this module: http://zerodha.com/varsity/module/markets-and-taxation/. If profit less than 8% of turnover, you are required to get an audit also. So if your turnover is more than 50lks and profit at 4lks (8%), you will need an audit. Go through the chapter on turnover in the above link.

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