Comment on Taxation Simplified

Nithin Kamath commented on 11 Mar 2014, 08:12 PM

Aijaz/Eric, if you consider yourself as a trader the turnover will be 1.53 crores (all credits + debits) on your ledger. Yes if he declares himself as a trader, he will need an audit, but if you are showing this under capital gains head, no need.

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