Comment on Taxation Simplified

Abrar commented on 09 Oct 2013, 10:37 AM

For turnover calculations long term delivery buys (which will not be sold) which will be kept for more than one year is not considered?
We have to take the rate as on closing of 31 Mar to calculate the profit and loss? If that is the case how can we claim benefit of 0 tax under Long term cap gains?

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