Comment on Zerodha - your tax aide while you trade

Nimesh commented on 12 Jul 2016, 08:34 PM

Thanks for reply.
One more query please.
1. My equity cash turnover is around 1,11,000 & fno turnover around 15,00,000 that meas I have to pay 8% on total
turnover, right?
I think it will be very costly as I cant claim this loss in future so it will be better to audit. Am I right?
2. My CA is advising me following thing:
– to show that fno loss under short term capital gain/loss
– & show 8% profit on speculative turnover which is 1,11,000 to avoid audit, is it possible?
Please guide, I will be grateful. Thank u in advance

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