Taxation query

[bal1961]

thanks for the q & A.

 

[kgupta62]

dr sir. i am a salaried person and do trading in my own name,while submitting it return my tax consultant told that my accounts need to be audited by an CA. since the total turnover is more than 36 lakhs /year.and he charges extra money for that.i always files it return. with all the details of my transactions.since i am doing intraday trade and futures my volumes are very high. can any one throw some light on it.In my opinion with 100000 capital i can do turnover of more than 30 lakhs a day.

regards

 

[shantanu291981]

Does reselling of second hand household goods ,purchased from foreign embassy(loc in india), attract any tax? if it does what is the nature and quantum of tax?

 

[beethoven]

deleted - irrelevant/outdated