AY 2015-16 Posers
- If Firm return is Audited, in partner's return Audit information should be entered?
- If firm is in the loss, say 5 lacs loss, can it file return u/s 44AD?
- If an assessee is NRI and holding foreign passport, should he mention his Passport no. in return?
Capital Gain
- In Share trading, if an assessee is doing only intra day trading in equities, then what amount should be considered to decide 44AB turnover? Total of Sales/Purchase or Total of Difference amount (disregarding negative sign)
- In Share trading, if an assessee is doing doing intra day, and trading within 2 or 3 days(say not actual delivery, but broker operated) then what amount should be considered as 44AB turnover? Total of Sales or Purchase or Total of Difference amount(disregarding negative sign)
- In above example, will turnover change if the transactions are in Future or Future Option? or Comodities Exchange?
- What amount should be considered as turnover, if there are some short term capital gain and speculative transactions?