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chintz
13 June 2010 at 13:21

taxation of SIP

What is the taxability of SIP plans ?
Whether short term capital gain should be recognised for period upto 12months or 36 months?
Also whether 1st installment or last installment has to be considered for STCG/ LTCG ?



Anonymous

Hi everyone,

I wanna ask a specific query regarding transfer of shares from a resident individual (transferor/seller) to a non resident individual(transferee/buyer). The transferor received the remittance in the month of March and files an FCTRS form with an AD-I Category Bank. Bank Acknowledges the receipt of Form FCTRS in the Month of May (within a prescribed period of 60 Days) and also files a copy of Form FCTRS with the Company in order to record the transfer of Shares.

Please suggest me what will be the date of Actual Transfer on which the Shares will be deemed to be transfer:-
A. The date on which the Resident individual receives money from Non-resident.
B. The Date on which the AD-I category bank gives an acknowledgement for receipt of Form FCTRS.
C. the Date on which the transferor contacts the Company to record the transfer of shares.
D. The date on which the AD-I category Bank files the Details of the FCTRS Forms received during the moth with the RBI and RBI processed the application.
E. Any other date.

Kindly provide any legal referrence with the answer in order to enable to me to discuss the issue with my seniors.


Gaurav Pradhan
12 June 2010 at 16:25

equity share suspense a/c

Reliance's Annual Report shows "equity share suspense a/c" in its FS of p/y 2008-09.

Plz can u guide me on wat is it.



Anonymous

plz explain the extact meeing of equity shares with differential voting right in simple language. are these shares carry more voting rights or less voting rights or both. m confused


Prateek Biyani
12 June 2010 at 07:26

FPO vs Right issue

What is the difference between FPO And Right issue. What are formalities required to be complied with in both of them. When a listed public company offers its shares, it has to offer them first to its existing shareholders, then how FPO is possible ?


PRATIMA SHARMA
11 June 2010 at 11:51

IPO of newly incorporated company

is there any norms for newly incorporated company' ipo in BSE and wht is the procedure for that. pls tell me.its urgent



Anonymous
10 June 2010 at 17:36

capital market

Can someone please provide me a presentation on Capital Market-Primary & Secondary.
Its urgently required.
please.........post it as soon as possible.


CS Richa Sharma
09 June 2010 at 16:31

Volatility Index

What is Volatility Index?


Prakash Mohta
08 June 2010 at 15:21

STT - Cost or not

Can we consider STT as a cost while buying & Selling of shares.

What are the TDS norm in case there is a short term gain for Non Resident investors.

Can TDS be charged or every Gain Transaction or it should be calulated on quaterly basis, after considering all the transaction of gain as well as loss

Thanks in advance


jinesh
08 June 2010 at 12:58

Deal in Futures

Dear Sir,

i m new to the Market.
how to Deal in Future and Option?
How it is worked in NSE and BSE?
what price Prevail in the Market?
how to Make Sure About the Prices?
How to Sale and Purchase take Place?
How Broker Charge for F and O or we can say the Additional Cost?
how documentation take place?
how price changes take place in the Market?
hwo we can take reviews ragarding the Market?
PLS ans all Ques in order
pls give me as much details as possible which is useful to deal practically






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