audit in case of speculative business income

My Intraday equity turnover is Rs 500000. My Profit is 15000. as trading intraday is classified as speculative business income and there is required audit when turnover is below 2 crores and profit is also less than 6%. So in my case will I be liable for Audit??

Anonymous Asked on December 21, 2017 in Taxations.
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1 Answer(s)

Do check the turnover again

TaxIQ Answered on December 26, 2017.
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