Hi...
I dont have any knowledge about share market, so sometimes i will have to sit like a dumb when the discussion related to share market is going on..

Can any one tell me about the sensex and nifty in some simple way?

I really need to know, so please help me out..

fOR THE f.y. 2007-08 , I am doing lot of transcation & Now i have 2000 contract note . So its not possible in Excel file for finding STCG & LTCG . Is it any software in market where all the contract note entered & find out STCG & LTCG & also reconcile broker ledger .

2) I am doing transaction in F & O . So what is accounting treatment & whether all the sale & purchase eneterd through contract note.

3) In Contract Note Broker Charged Brokerage , S.Tax , STT & Education Cess - Should i show all this charges seprately or it will less in STCG / LTCG

Please help or giv ur reply in my mail ID rahul20262003@yahoo.com

What is the meaning of hedging & How it works & give an suitable example?

Any on can tell How to Calculate Intrinsic Value for Stock ?

Mohan G

Whether an income by way of transactions in F&O segment can be treated as business income or be treated as income from speculative business? If it can be treated as business income, then can the loss in the said segment be adjusted against any other business income during the same financial year?

bull spread,bear spreadand butterfly spread plz can u tell me the implications in solving problems at ca final level

I want to know the accounting treatment of F & O transaction. As i hv read in Expert Query that difference of receivables & Payable regarded as Turnover.

Then, How it should incorporate in Books of accounts.

hi, i have traded during fy 2007-2008.i have intraday and delievery based transactions,i am a trader ,so its my business income,can anyone tell me how to prepare accounts for the same and is there any file uploaded on this site?

Hi,

I trade in futures. Ihave incurred a loss in stock market crash .
My query is
1. Under which head of income I will have to show this loss
2.Whether the books of accounts are to be maintained for this
3. whether tax audit is required for this
4. what will be the due date for filing return

I have 100 equiety oriented units of MF amounting Rs.1000/- as on 01-04-07. The balance of units as on 31-03-2008 is 110 amounting Rs.15000/- as 10 units reinvested amounting Rs.100/- by way of dividend. Dividend Reinvestment on 01-09-07. I sold all the 110 units as on 01-05-08. what will be the tax effect? what will be the cost of purchase?