@webtricks
You have explained well, but now it is more worse for buyers who need CA to calculate all these things. I hope the Govt will make it easier to pay tax than hiting a CA for small tax payers.
Every transaction means its more headache for every person.
I think you will always need a CA to calculate your taxes it will always be a value addition and you will be earning much more than what you are spending on it. Even if Government simplify the procedure a CA could still help you find ways to save tax.
I will cover the taxation on other incomes in the future threads.
Is this thread posted yet?
No, so far no such thread has been posted. But if you have any specific query please feel free to post it, me or webtricks will love to answer them.