Related short term gain on shares
This query is : Resolved
26 May 2014
Dear Sir
my frd is daily earing 1k to 2k in share market. he doesnt want to file ITR. if i insist him to file then how to file and what to show in income. he has only this income. how to pay advance tax on it. it is more than 10000. so please suggest me the way for which ITR and what amount i have to show under C.G. head. Please advice practically.
my frd is daily earing 1k to 2k in share market. he doesnt want to file ITR. if i insist him to file then how to file and what to show in income. he has only this income. how to pay advance tax on it. it is more than 10000. so please suggest me the way for which ITR and what amount i have to show under C.G. head. Please advice practically.
Rupesh Jain
(Expert)
26 May 2014
he can file return under head Income from business & professional head. in ITR-4
30 May 2014
please ans me on the advance tax. he is daily earning income and make some time some loss. so how to track all these from records. there is lot of transactions so how to make sure about the gain for the same.whether advace tax is deposited or not. please ans me in details
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