Sridhar
This Query has 1 replies

This Query has 1 replies

18 August 2009 at 21:03

Turnover question

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.


Guest
This Query has 2 replies

This Query has 2 replies

15 August 2009 at 17:01

Securities transaction tax

what is securities transaction tax ? when it is apply ? what rate for Purchase & sale of Share ?


Pramod Prabhakar Pawar
This Query has 3 replies

This Query has 3 replies

07 August 2009 at 18:53

Dematerialisation Of Shares

What is dematerialisation of shares?


suresh
This Query has 2 replies

This Query has 2 replies

06 August 2009 at 13:41

Shares transfer

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


Vipin Kumar Garg
This Query has 2 replies

This Query has 2 replies

01 August 2009 at 15:14

STT as expense allowed

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


visesh
This Query has 6 replies

This Query has 6 replies

Can a private company issue shares at a premium? Is there any justification required?


Anish George
This Query has 1 replies

This Query has 1 replies

29 July 2009 at 12:40

Stock valuation

How to select a stock? Which are the stock valuation methods?How to interpret the results


CA Gaurav Goyal
This Query has 1 replies

This Query has 1 replies

22 July 2009 at 16:30

SALE

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?


Rajesh Somani
This Query has 1 replies

This Query has 1 replies

21 July 2009 at 17:20

Interest on Loan

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


Supriya
This Query has 1 replies

This Query has 1 replies

21 July 2009 at 10:43

Demat A/c

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?





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