This Query has 1 replies
I do margin trading everyday with an amount of 10,000. I hardly make a profit of 100 or 200 and sometimes losses too. Overall position until now is a loss. However, the total transactions amount run into lakhs. Is there any limit on this transaction amount in a year ? Can i do a self-assesment at the end of year and submit the loss/profit in my return ? Or do i need to hire a CA to get it done (however, the charge for him will be another burden) ? If suppose, I end up in profit at the end of year (which i assume is short term capital gain) and if that amount falls within the tax limit of 1.6lac, do i still need to pay the 15% short tem tax ? Too many questions. However, will be thankful for you advise. Thanks in advance.
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what is securities transaction tax ? when it is apply ? what rate for Purchase & sale of Share ?
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What is dematerialisation of shares?
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Dear Sir,
Hi this is kumar my company is not listed company my director need to transfer 40 k shares tranfer to anther person can pl tel me waht process i will do please help me
Regards
Suresh
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hi Friend -whetehr securities transaction tax & Service tax & Stamp duty paid on sale or pur. of shares are allowed as an expense. plz help me
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Can a private company issue shares at a premium? Is there any justification required?
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How to select a stock? Which are the stock valuation methods?How to interpret the results
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My parents have shares in Share Certificate Forms(Paper). We want to sell them off, how can we sell those shares? What are the charges that can be attracted against sale of shares?
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Hi Sir,
I wanted to Know about the Following
Say i have taken the loan of RS 1 Lakh from my father & i have invested that amount in Share market.
I have earned short term capital gain of RS 10 thousand.
I am paying him the interest RS 10 thousand(at 10% interest).
My salary is 1.5 Lakh.
So i wanted to know that am i required to pay any tax on the short term capital gain(as i m paying RS 10 thousand as interest) or i get tax exemption.
Is the short term gain & the interest that is paid on the loan adjustable?
Thanks & Regards
Rajesh Somani
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Some shares have been jointly held by husband and wife.Hudband dies.Can wife held those shares on her single name? What is the procedure for this? Is she requied to change her Demat A/c or can she continue with the old one? I the lady transfers the shares to her daughter, is daughter liable to Caital gain tax?
Turnover question