Capital Gain

This query is : Resolved

Dhruvesh Shah (Querist)
Follow

07 November 2008 I am having a query that if an individual is dealing in great volume in share market. in the given case it wil be treated under the capital gains or business income?

Dhruvesh Shah

Dhruvesh Shah (Querist)
Follow

07 November 2008

Dhruvesh Shah

Dhruvesh Shah (Querist)
Follow

07 November 2008 the register of member of C ltd has not been writen upto date & as a result the balances in the register do not agree wit amt of issued share capital. Comment

CA Bosu babu

CA Bosu babu (Expert)
Follow

07 November 2008 1.Business income....will come under Speculative business income

2.Penalty is leviable on directors or persons in default (only those persons are there during default has made)...if it is still continuous persons incharge will attract impriosment or fine or both...

But normally what happening na all are maintaining in system now a days...so even ROC is not particular about physical book...but you have to maintain....

Dhruvesh Shah

Dhruvesh Shah (Querist)
Follow

13 November 2008 I cant get u about first query.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now