Computation of income earned from share market
This query is : Resolved
14 December 2013
how do i compute income earned from share market ???
Its Individual(student) who invests in share market ?
plz advise which sections to refer ?
Its Individual(student) who invests in share market ?
plz advise which sections to refer ?
15 December 2013
if you are doing it as a trading activity, then under Income from Business/profession. Otherwise under capital gains.
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15 December 2013
so here income is earned on account of Trading Activity....
One more question.
The person has got capital more then 2-3 lac from his father, which is has used in investing in share market . Will clubbing provisions apply ?
One more question.
The person has got capital more then 2-3 lac from his father, which is has used in investing in share market . Will clubbing provisions apply ?
15 December 2013
if it is on trading activity, then maintain books to reflect the shares as stock-in-trade. Money received from father should be shown as borrowed funds. Better also pay some interest on it.
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17 December 2013
How to compute income in interday trading ?
any format in excel...
Which all sections to refer?
any sugestion?
any format in excel...
Which all sections to refer?
any sugestion?
18 December 2013
see computation is simple. the net received or paid at the end of the day is your profit or loss. Sum it up for the year to arrive at net profit or loss.
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