Documentation required to prove loss or profit ?

M

mehul_patel0

New Member
#1
#1
what are the documents needed for prove profit and loss for financial year?

suppose i sold the share which i hold for more than one year and also done trading for the year long so how will my tax calculation be done and on what basis.
 
diosys

diosys

Well-Known Member
#2
#2
Re: Documentery proof required to prove loss or profit ?

You should have the contract notes with you....plus if your yearly income is greater than 1.2 Lacs then maintenance of books of accounts is mandatory as per Income Tax act
 
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