How the forward contract is derivative contract .As the amount payable or receiable is fixed at pre-determined rate irrespective of change in price of underlying asset..?say A enter into forward contract with B for to buy share of xyz ltd. after 3 month at a price of Rs .50 per share.the mode of settlement is by ways of physical delivery.Is this forward contract treated as derivative contract if yes then why...???

If somebody gain any amount from capital market as intraday profit(speculation) and income from F&O segment then what is the Income Tax rate for that? Shall he has to pay @15% or less.

When Filing ITR-2 even though you select sec 111A then also it calculates the capital market income @15% not the 10% slab even though your income below Rs.5 lacs.

I have some shares in a privately held LLC (not listed on any exchange) in Singapore.

How long should I hold the shares after which they will be eligible for long term capital gain (as against short term)

Dear Sir,

i am salaried employee. earn some extra amount from share market only cash market. shares intraday and shares delivery trading. Which ITR form should be used for filing Income Tax Return ?

suggest me. all confusing me, somebody suggest me to fill with IRT2 and some one IRT4.

i am not trading in Future and OPTION.

One person has Shares not listed in Stock Exchange in India....How person can Sell this Shares not listed in any Stock Exchange. How to decide Sell Price of Shares in this case. What will be the tax consequences if the gain on sale of shares is going to be Long Term.

Dear All EXPERTS,

My situation is as follow:

I have started working as a freelance web developer and software developer in 2004 from my home. By 2006 I have got an office space, started hiring a few team mate. Now I have 6 employees working for me as a proprietorship firm.

My turnover is around 50-60 lacs in the last fiscal year. I pay around Rs.10,000 per month as salary per team mate. Our team have been existing for the last 2-3 years.

Now I am planning to form as a private limited company with an authorized capital of Rs. 50 Lacs.

And I'll have a new investor who will invest Rs. 20 lacs in my company.

My business target for the next 1 year is around Rs. 2 crores in gross turnover with Rs. 70-80 lacs profit before tax.

I also want to provide shares to all my 6 team mates.

So, in the present scenario I want to know what is the best suggestion for allocating shares among Me, Investor and 6 Team Mates.

Any suggestion and inputs are highly appreciated.

Thank you in advance for your valuable time.

Mr. Kumar

Hai sir i purchased Gold for Rs 1 Cr In MCX site Am i Subject to any Audit And wt Are the Tax Implications On that


Thank You

Dear All,

I'd like to know whether there is any limitation of maximum no. of share holders for unlisted Limited Companies (not Pvt. Ltd.). If there is any, please tell me if the preference share holders are to be counted with them.

Thanking you in anticipation.

Best Regards,

I have bought shares from a private limited company X, 2 years back. Now I fund that the share certificate has a field namely "Authorized signatory" and there is no sign under this. Is the certificate invalid without that signature? Can I do anything to make it valid?

Respected Experts & Knowledgeable Person

Please guide me in the following:- 1. Is it true that a person can earn in stock market line from zero to unlimited income ? 2. How a person can pursue the above carrier and by what way ?

Thanks Heartily