Comment on Tradetax for income tax returns when trading

prasanna commented on 06 Feb 2017, 12:51 PM



in my case, matter of fact profit is <8% ( it is actually loss).

First of all it has not been profitable and on top of that (like adding salt to injury) I don't have the inclination to shell out additional 10-15k for getting the audit done, neither I am keen to leverage the tax benefit of carrying forward the loss to next years.

in this scenario how do i show 8% profit to get away with audit?

Thanks in anticipation!!

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