Comment on Zerodha - your tax aide while you trade

Audit is required if you have net tax to be paid for the year. So if you have a salary income for which you have tax to be paid, yes then audit will be required on everything. If you are making a net loss for the year, then no. Suggest you to go through this module: http://zerodha.com/varsity/module/markets-and-taxation/

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