Comment on Taxation for Traders - Introduction
commented on
30 Jun 2015, 03:15 PM
I am a salaried person. I traded only in equities in last FY – All Intraday, Short Term and Long Term.
My turnover in terms of absolute profits/losses in around 35 lacs and I made considerable losses in Long Term due to which I was overall in loss as well. Can I file as investor?
If I need to file as trader, would I need CA audit?