Discuss Documentation required to prove loss or profit ? at the Taxation Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; what are the documents needed for prove profit and loss for financial year?
suppose i ...
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.
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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29th June 2008, 11:09 AM
Documentation required to prove loss or profit ?
