We are doing daily trades both in Derivatives and Equities which easily touches the gross turnover of Rs 40 lacs in a day or two. Are these accounts are liable for tax audit for filing woth IT dept. If not required on what basis. kndly clarify.

I would like to know the process to open a DEMAT account?

to all of u,,

please send me the format of calculating the fair value of shares by book value method or P/E method.
And do tell me the steps of calculating also.
mail me at

cskanika@gmail.com
CS

respected Sir,

I dont know about SENSEX....
can u guide me on this....i dont no even the meaning of SENSEX..

1.CAN one include stt in cost of equity?
2.can one simultaneously show capital gain and income from other sources( i.e income from capital assets like equity)
what will be the status of income from derivatives, Futures and options like index futures, option)?

Plz reply only with supporting material or reference.

What is the difference between a sub-account and a foreign institutional investor?

Please throw a light on both for clarity.

Hello! Friends

Can any one answaer the following:

For purchasing shares of an unlisted domestic company, is it compulsory required demat account? explain more
about this?

Whit is STT ? Is it impose on all transaction of shares or only on daily trading of shares ?

Respected Expers,

Can Power of Attorney holder open or close bank account?

Can power of attorney holder open or close trading account?

CS Jatin Vora

The reason for rise in price in any case is of course its demand.But for demanding something there should be a use to it.For example when one demands land, it may be for building a house in it.But in case of shares what is the inspiration for a person to buy it.Dividend is never an inspiration because that comes to just one percent or slightly more of the market price of stock exchange listed shares.Please do not say rise in share value itself is the reason for the rise in share value.Can anyone please explain then why this rise happens?