Dear Members, Please tell me how can i Calculate my Capital Gain / Loss in Shares, For example :-

Purchase details : On 15 June 2008, X Purchases 100 Shares in For Rs. 12,000.00 ; at the time of purchase X pays : Brokerage Rs. 6.15; Transaction Charges Rs. 2.50; Stamp Duty Rs. 3.25; Service Tax Rs. 9.50; STT Rs. 18.00.
( Total Amount X pays for 100 Shares 12,000.00 + 6.15 + 2.50 + 3.25 + 9.50 + 18.00 = 12,039.40 )


Sales details : On 20 March 2009, X Sells 75 Shares For Rs. 10,875.00; at the time of Sales X pays : Brokerage Rs.5.25; Transaction Charges Rs.1.85; Stamp Duty Rs. 2.25; Service Tax Rs.7.50; STT Rs. 16.00.
( Amount Realised after paying Charges & Taxes: 10,875.00 - 5.25 – 1.85 – 2.25 – 7.50 – 16.00 = 10,842.15 )

I am a individual ner filed my return before. my income is below exempted limit. tell me the procedure to fuile return

hello firendzzzz
if a person is doing speculation business i.i doing only intra day sale purchase of shares without getting delivery
now for tax audit what will b checked in 40 lac limit i.e net gain of 40 lac or sale value of shares sold
the same income will be assessed under which head,if assessee is individual/co.

one individual having
1 loss from house property .
2 Deduction u/s 80c
3 long term capital gain
4 and income from salary.
5 Agricultural income.
how to compute means loss is deducted from which incoe 80c how deduct hoa compute by taking agicultural income?
Please reply me.

Dear Sirs,

Kindly confirm in case of sending shippment from Delhi to Kota or Jodhpur, whether the Vat Form 47 (road permit) is required?

Also whether it is required only when the shipment is going through Surface transport or it is required through by AIR too?

kindly confirm ASAP.

my client is a corporate assessee in the course of assessment under section 143 for the a/y 2006-07 the a.o pointed out that the assessee has not deducted tds on paymment made to contract for trasportation charges,the fact put in front of the a.o was that this service was being provided by the contractor out of agreement and as such he was raising a debit note on the company for the transportation charges, he has also confirmed he was deducting tax and depositing with the authorites on the same amount for which he was raising the debit note,even after lot of pleading the a.o diallowed the amount,the amount of demand was deposited with the tax authorities, simultaneously the a.o has imposed penalty under section 271(1)(C).
I am preparing to file a appeal with cit(a) my question is

can this be sustainable in the office of cit(a) as i have got the confirmation copy of the contractor in which he has mentioned that he has deposited tax on the same amount for which he is raising the debit note,this copy was also submitted to the a.o during assessment proceeding .

i would be greatful to all of you,kindly help me out


ca fareed ahmad khan

AS PER LATEST CIRCULAR THE ASSESSEE WHO IS FILING THE RETURN ONLINE FOR AY 09-10 WITHOUT DIGITAL SIGNATURE NEED TO POST THE ITR V TO BANGALORE ONLY.

MY QUERY IS CAN WE FILE MORE THAN ONE IE., BUNCH OF ITR V OF ALL THE CLIENT ASSESSEES IN THE SINGLE ENVELOPE.

dear expert(S),
Suppose my salary structure is following:
BASIC SALARY 10,184.00
HRA 5,092.00
CONVEYANCE ALLOWANCE 1,680.00
SPECIAL ALLOWANCE 1,833.00
UNIFORM ALLOWANCE 1,013.00
TOTAL 19,802.00
DEDUCTION 780.00
NET SALARY 19,022.00
NET SALARY P.A. 228,264.00
And there is no TDS has been deducted from salary, then how i pay my income tax?
Thanks

PRADEEP KUMAR MALLICK

Plz help me how to Audit Drs/crs & F.E. fluctuations in Internal Audit.

plz help me

person who is navigator and incharge of vessel his is gatting proffissional fees on daily basis and contract for 445 days