Dear Experts,


For one of our client, 2 Indian individual residents have incorporated a company in hong kong, at that time as founder members they took 50-50 shares each worth Rs. 900 for 100 shares when they were in hong kong only and no UIN was generated, Now they want to buy equity in the same company worth $150000 each of two.
The quiry is will it be shown as First Remmitance as we dont have UIN or can we show it second remmitance by any other means?

Please help. It is kind of urgent.

suppose I short sell 100 shares of X ltd. on Monday, then I need to deliver the share to buyer on Wednesday (T +2 days) But given the fact that I don't have shares, how I can fulfill my promise even if I purchase 100 shares on Tuesday , I will get it by Thursday I wouldn't be able to execute my promise

Is PAN Card mandatory of both transferor & transferee in case of physical transfer of shares?

Dear Sir,
What is the simple working format for Shares & Mutual Fund , Bonds, Income tax purpose?
which is taxable & which is not taxable ?

Dear Sir,
I wants to know what s the net worth of a share holder in a pvt ltd company. Assuming he hold 80% share of 100000 paid capital and as per balance sheet company has Rs 50 Lakh stocks and surplus. No liability of creditor.
Regards,
Ramesh'

I have 12000 saving every month per month I want to invest in 2-3 diversified mutual fund can u name it plz with huge profits for long term gains I m 21 now

Dear Sir,
How income will be recognize of investment in shares.

coal indial Ltd buy back the shares at Rs.335 .but the stock price was Rs.316.50 .why they have done for such higher price.can any body explain the reason for that

One of my clients is doing online share trading..... I heard that the turnover to be calculated for these transactions is the difference between the purchase and sale value of the scrips.... The turnover is the net of both the profit and loss on sale of these scrips.... I can't get this point exactly.... Profits are positive figures and loss are negative figures. While computing, should we ignore the negative figures and add both? I my client's case the profit figure is 1,43,650.52. The negative loss figure is -1,66,336.67. So is the turnover -22686.15 or is it 3,09,987.19 ignoring the negative sign? Pls clarify me on this..... Moreover, by IT definiton, this is a speculative business. But as per Securities Exchange definition, Since it is carried out on computer through a recognised stock exchange, it is non-speculative.... Which should I follow?

What is xatly bull market