Respected All,

Profit or loss from currency derivative will be speculation income or business income.

Please give the relevant supporting.

Regards,
Jyoti

Hi!!!!!!!!!
I am newly open an demat a/c, I want some information that how to analyise the company before taking share

Hi,

We are looking for professionals who can help us out in valuation of a software development company in respect of shares and net worth.

Please let me know your contact number so that i can be in touch with you.

Thanks,

Rajesh Chhikara

A company, having registered office in kolkata and address for correspondence in gurgaon, trades in shares.

Being a stock broker, where should we pay stamp duty, whether in west bengal or in haryana

Dear All

I want to know what is the accouting treatment of profit sharing in arbitrage business for dealers for Stock broker & for investors.I also want guidenance on what basis we can share the profit generated by this business and TDS applicable or not.

dear sir,
pl. explian me :

(1)Can arbitrage trading ( buying/selling a scrip on BSE & selling/buying it on NSE ) be done without having/owning that particular scrip - if I sqare-up the position same day ?
(2) Can this position be carried forward ? if yes, what is to be done by me ?
thanks in advance
anckoor

I've sold shares after holding for more than one year.
What kind of tax will be applied on the gains?
How is it calculated.

Regards,

Gajanan.

Dear All,

What are the impacts under taxation law if there is a shift from Managerial Stock option plan to Employees Stock Option Plan? whether there is any capital gain arising on it?

Wether share broker can claim bad debts as expenses in his income while computing taxable incom ?

RBI Press release dated 08/04/1999 provides as follows:

“A company will be treated as an NBFC if its financial assets are more than 50 per cent of its total assets (netted off by intangible assets) and income from financial assets should be more than 50 percent of the gross income. Both these tests are required to be satisfied as the determinant factor for principal business of a company.”

My query is as under:

What is the meaning of “financial assets” as used above with respect to an NBFC?

Does "financial assets" here include investments in shares of private or unlisted securities?

Members are requested to advise.