If I have applied for shares in IPO from My Savings A/c from my funds in name of my Son in his D.P. A/c.

If he is alloted shares in his DP A/c and I sell those shares in the market, making Profit in his Trading Code on the listing day and I get cheque of his name and deposit the same in his saving a/c.

whether ITO will consider this short term profit in my a/c or my son's A/c ?

It is needles to say that my son will transfer the IPO application money from his a/c to my A/c to Nullify the entry.

Dear Sir/Madam,

In share market every one will talk about that today market is down by 150 points or up 200 points

My question is

what exactly this means?
How these points are computed?
Why it is keep on changing?

Sir..

Please clarify me the concept of 'SHARE APPLICATION MONEY'. How it is different from:

1. Authorized Sh Capital
2. Issued, Subscribed and Paid Up captital.

How it is treated in B/s and in what head ?

Is it CURRENT LIABILITIES ..????

Need a hand..

PAN is needed in Share/MF/commodity account...so how can one buy in the name of their kids(minor)? Also, how this will be treated...as a gift/loan/some other?

Dear Sir,
I am doing the job in a ca firm. Last time I made franking of share certificates at BSE but our client calculated stamp duty on face value only & not on premium. So now what i have to do to reactify it. Pls reply

hi.......... plz tl me wht is sensex? and one mre question i m not able to understand the information given abt shares of different company in the newspaper. they r providing the information like gainer and looser but i m nt able to attribute the data given in numbers.
plz do reply as fast as possible.

Hello Friends,



I need Annual Return of Infosys, RIL and ITC for research works.



Please send it to me if you can get it from somewhere, or tell me the source to get that.



Thanks in Advance..

Dear Friends,

What is the method of valuation of shares in Public Limited Company ? This Company is Manufacturing Company and has Investment in shares. As per it's Portfolio Management Report it is taken on First in First Out method for valuation of shares whereas Auditor claims that it should be Weighted Average Cost method.

If a person earned profit in dealing in a Currency Future at any stock Exchange such as BSE, NSE and MCX Stock Exchange,can such profit be treated as business Profit oor it would be speculative profit

I heard about the PANCARD CLUB INDIA LTD.
They gave assurance to people that if u invest in their co.They will give 100% return.some people invested Rs.10,000/- for 6 yrs.and the said company gave assurance that after 6 yrs they will give Rs.100,000/- to them.But on receipt voucher their is no such type of information.I think it is a fishy co.
I want help regarding this type of investment.Bez it is necessary to inform people.