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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- ETDS return q4 25-26
- Tax on Amount transferred in HUF Account
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
