in last financial year i had done trading in future & options in which i had booked loss of Rs 30000. My buying amount for the year was 5 crore 30 thousand & selling amount was 5 crores only. hence incurred loss of 30 thousand from future trading. now for the purpose of my income tax return my questions are:-
1) Under which head i need to furnish deltails of loss (whether in capital gains head or business income head).
2) can i adjust the loss from other income. i have income from interest of about 2 lacs. or should i carry this loss to next year.
3) whether i am required to audit my books of accounts for future trading. what is the turnover limit for audit of accounts for future trading.
4) some of my trading transcations were of intraday. what is the treatment for that transcations.
5)for how much years i can carry this loss.
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Hi,
can any body through some light on the formalities to be fulfilled when equity shares are bought from a non resident?
A private limited company is buying shares from 3 non residents and consideration is paid from India to non residents.
1) who has to sign the declarations?
2) Where to file the documents?
3) time with in which to be filed?
Thanks in advance.
regards
Saida
Hello,
I have few Shares which are in Paper Form,i want to convert these shares into demat form. What is the Procudure for transferring shares into demat form?
Please guide me as per SEBI guidelines.
Thank you
Please advise whether the long term capital gains is to be computed on the basis of date of allotment or date fo credit of shares in the demat account.
Can anyone provide me with reasons for extension of time for filing Form 7C of the Companies Act, 1956 with the Registrar of Companies.
It's URGENT
Dear Sir/Madam
I have one doubt in calculation of share value on the basis of voting right. means whether any difference in voting shares and non voting share. If any provisions is there please tell me
Thank you
Regards
chinmay hegde
Dear, sir \Madam.
i want ro know, what is the current rate of tax (long & short) on capital gain of security?
Thanks.
How and why does Greece’s Debt effect the stock market? Does it effect the value of currencies? Can you please give me sources of further read on this?
Hello Friends,
I have seen this stateemnts "Standard charted premier equity given 71.18% return per year".
-- Is it mean, if i invest 100 at the begginng of the year i have earned 100*71.18%=71.18 return and my fund would be 171.18 after one year..
Can any one clarify my small doubt...
Regards
Treatment of Future & Option Trading loss in IT return