Accounting for margin trading
This query is : Resolved
26 August 2023
Sir i have stocks in my demat worth 10 lacs which I have taken as delivery for cash.
When I started margin trading, the stocks started getting added to my portfolio but show as pending for delivery. My query is do I need to account for my margin trading stocks worth 20 lacs(portfolio shows 30 lacs) in my books of a/c or ok to report only the profit made in short term capital gains & speculative income & also where do I account the interest paid on the margin trading stocks
When I started margin trading, the stocks started getting added to my portfolio but show as pending for delivery. My query is do I need to account for my margin trading stocks worth 20 lacs(portfolio shows 30 lacs) in my books of a/c or ok to report only the profit made in short term capital gains & speculative income & also where do I account the interest paid on the margin trading stocks
21 January 2024
https://www.hdfcbank.com/personal/resources/learning-centre/invest/what-is-margin-trading
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