I am a salaried person & doing shares trading since 3 years. I m in following trade 1) Shares short term trading 2)Shares intra day trading 3)Futures short term trading 4)Futures intra day trading 5)Options short term trading & 6)Options intra day trading.
My queries are
1)Can I consider all the above trades as one & tax them at one rate if yes what will be the tax % rate.
2)Whether profit/losses of normal shares trading can be adjusted against profit/losses of futures and options trading.
3)How the turnover should be consider for Futures trading and for Options trading.
4) Under which form should be IT returns be filed
It will be great help any body solve this query. Thanks in advance
What is the procedure of acquiring major stake in a company by an individual? Is any sort of intimation required to be given to company and SEBI? What wil be the consequences if the company is foreign co.?
What is the rate of stamp duty payable on allotment of shares by unlisted private company in Andhrapradesh. Is stamp duty payable on allotment of shares by unlisted private limited companies ? Will appreciate if anyone provides the relevant section and provisions of the Act alos.
Hi all,
How should we determine the rate of a particular scrip which was purchased 30years back. There are no supporting documents through which we can determine the rate. Please reply.
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.
Dear all,
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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
Options Trading - Taxation related queries