Tax return documentation

#1
What sort of documentation are frequent traders providing for their tax returns. Do you attach all
the contract notes or some other statement.

Thanks
arprtrd
 

Traderji

Super Moderator
#2
arprtrd said:
What sort of documentation are frequent traders providing for their tax returns. Do you attach all
the contract notes or some other statement.

Thanks
arprtrd
It is always advisable to attach all contract notes with your I T statement if you are a frequent trader.
 
#3
It would be helpful if anyone (frequent traders / other traders) would provide information in somewhat detailed manner on tax matters concerning trading.
Matters like
  • Filing of tax return
  • Compulsory tax audit
  • Documentation
  • Advance Tax
etc...

A brief outline of how you go about meeting your tax committments.
Could you refer a site where such info concerning a trader is available.

Regards
 

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