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Sanket Bawankar
This Query has 1 replies

This Query has 1 replies

I am NRI residence from South Africa, Johannesburg presently resident in Maharashtra state, Nagpur city I want to invest and trading in share market in India, Since I am NRI residence Can I open Demat Account for trading purpose in India. Is there any income tax regulations for income source and capital gain implications?


ashvini dehkwal
This Query has 1 replies

This Query has 1 replies

19 October 2023 at 08:27

Tax on gifting shares

Sir , i purchased shares of a company for rupees 100 per share. Now the rate is 120 within 3 days. If I gift the shares to my wife what should be tax implications


ashish marwah
This Query has 3 replies

This Query has 3 replies

08 August 2023 at 12:53

TATA CHEMICAL DE MERGER TATA CONSUMER

Dear All


I have a query regarding the de merger of the TATA chemical salt business to TATA consumer. I was holding 250 shares of TATA chemicals and received the 285 free shares of TATA consumer against the de merger of TATA chemicals. What should be my buy price of free TATA consumer shares which I received on 31st march 2020. This is regarding the capital gain calculation.


DEBASISH BODHAK
This Query has 4 replies

This Query has 4 replies

1) A foreign company wants to invest 100% in Equity shares of a running Indian Private Limited Company which is 100% export oriented.

2) Alternatively this Foreign company wants to give their foreign shares to the existing shareholders of the said Indian Pvt Ltd. Company.

Please advise me what compliances to be done in respect of RBI, ROC, and Income Tax.


Thelappillil Linson
This Query has 5 replies

This Query has 5 replies

17 July 2023 at 20:18

ITR2 FA

1. Do we have to report the assets upto 31 Mar 2023 or 31 Dec 2022 for the US stocks?
2. Please clarify whether the conversion rate used is the SBI TT buying rate as on the previous month.
3. Does the taxpayer need to submit a separate form 67 to obtain the foreign tax credits


sudipta das
This Query has 3 replies

This Query has 3 replies

Is UTI Fixed Term Income Fund Series XXXI - V (1174 Days) a Debt fund ?? Is it to be shown under other assets in ITR 2 for its sale ??


Nagaraj
This Query has 5 replies

This Query has 5 replies

10 July 2023 at 16:09

Speculative or non specualtive

Experts,

Need clarification on below points.

1. Trading in MCX commodity is speculative or non speculative? Trading in intraday or holing till the contract period does it change the nature of specualtive or non speculative?

2. In MCX commodity we select contract as either Future or options, can we say it is Futures and options?

3. Trading in NSE, futures is F & O?

4. In MCX commodity also Futures and in NSE also future does both transaction belongs to Future and options?


B S
This Query has 5 replies

This Query has 5 replies

1. Is any registration, license or certification mandatory for providing training/coaching for "Online Commodity Trading - profitable strategies" to interested persons or a fee, via online & offline mode?
2. I wrote to the SEBI requesting clarification, but they too failed to respond with a direct answer and instead asked me to go through the FAQ's for 'Investment Advisors' on their website. So my second question is does the above fall under an 'Investment Advisor' (IA)? If yes, how, because I will not be giving any investment advice & next I will be providing training only for Commodities and not Securities/Equity Stock market, so how will it fall under an 'IA'?
Thanks in advance for all who may respond.


Buchipalli Kowshik
This Query has 1 replies

This Query has 1 replies

13 June 2023 at 15:28

Sweat Equity Shares Issue

Can a company issue sweat equity shares for services to be received in future? Kindly quote with section


Ashish Aggarwal
This Query has 1 replies

This Query has 1 replies

Can I receive Stocks as Gift from Non Relative of value above 5 Lakhs.

Now, If I don't Sell these Stocks then no tax liability on me.
Only Dividend is taxable for me.
No tax on donor.

Please Help.