Comment on Taxation Simplified
commented on
03 Mar 2013, 12:33 PM
hi zerodha team
In past 2 month , i do intraday share trading sometimes. The total turnover in intraday is more than 2 crores of rupees. Whether I had to go for tax audit under section 44AB of Indian Income Tax? i am student ,also tell me they can imposed penlty under 271b???? any solution/advise???
i have only records in contracts notes nothing else..reply soon
thank you
Anand