Comment on Tradetax for income tax returns when trading

Hello dear Nithin,

Highly appreciate this initiative of addressing customer/traders queries very useful, thanks and more importantly hats off to your energy, enthusiasm and passion to reply yourself directly to hundreds of queries/clarifications, though you have hundreds working for you @ Zerodha, admirable really.

in one of these ocean of your replies you have mentioned, declare 8% profit on the turnover and avoid audit.

request please expand further on this, how does one show profit of 8%, how do we effectively do this?

Thanks in anticipation!!

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