Comment on Tradetax for income tax returns when trading

[email protected] commented on 10 Jan 2018, 02:01 PM

Hi Nithin,

If one trades in the Indian and Global Markets, most of the income would be classified as business income (I think) so how are audit requirements classified if profit is less than 8% of turnover in the Indian markets and more than 8% in global markets (total is more than 8%)?

Also does Zerodha have any recommendations for diligent CAs who can compile the books of accounts, from different brokers and bank accounts, separate LTCG, STCG, business income and business expenses, and help file taxes?
I seem to be getting conflicting views and need someone who can confidently compile my books.

Thanks in advance for all your help and all that Zerodha does.

View the full comment thread »