I pool some of my friends capital and trade with a single individual account. So i get a combined p/nl statement from my broker. We share profit among us. As The account is in my name i have to file taxes. So how can i sett off profits given to my friends and pay tax on my own net profit
Menu
How to claim deduction after trading on other people capital in F&O
Replies (1)
I can help you with this. Check your inbox
Recent Threads
- Property purchase by parents
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
- Amt of LTCG required to be reinvested on house pro
Related Threads
CAclubindia
