Please clarify my doubt in tax auditing

#1
Hi,

pls tell me..

I am doing nse cash intraday trading for past 8 months,
daily turnover is 30lakhs...
But my net profit in loss.!!

My daily turnover is 30 lakhs and monthly turnover comes more than 5 croes.. (i am doing only daytrading in nse cash market)

tax audit is necessary for me ???

Tax auditing required for nsecash intraday trading ???
How much limit for tax audit..

If i trade f&o day trading.. How much limit for tax audit??

Pls tell me
my english is poor..

I am from chennai..... If any person IN chennai to clarify my doubts.. I can meet straightly.

Thanks
 
#2
I think tax auditing is good for you. An income tax audit is the examination of a business or individual tax return by the Internal Revenue Service (IRS) or state tax authority.
 

Similar threads