RETURN FILE
This query is : Resolved
Rajesh Kumar
(Querist)
20 July 2017
I want to file return for profit/loss during the last financial year. My broker has given the summary of consolidated profit/loss. Is it sufficient for filing or every shares purchase or sell date is required for return file. I m also salaried employee. Form 16 issued by the employer. In which ITR can I file the return
20 July 2017
1) if delivery based trading is done, purchase, sale ,stock and expenses are required and to prepare financial statements.
2) if non delivery based and absolute value of profit and loss > one crore, tax audit is also required.
3) in either case. form ITR-3 may be used.
2) if non delivery based and absolute value of profit and loss > one crore, tax audit is also required.
3) in either case. form ITR-3 may be used.
Rajesh Kumar
(Querist)
20 July 2017
Sir,
99% is delivery based. It means I may required the date wise details of shares and can be filed through CA. Pl reply. Thanks
Rajesh Kumar
(Querist)
21 July 2017
Please reply my queries to clear doubt
Amol S Joglekar
(Expert)
14 November 2017
yes, you need to give the date of purchase. The same can be obtained from the contract notes.
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
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Import Order Cancelled.
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- ETDS return q4 25-26
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- 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
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
