SHARE DETAILS

This query is : Resolved 

19 September 2009 DEAR SIR/MADAM

AS ASSESSEE PURCHASE DURING THE YEAR 1 CRORE VALUE OF SHARE AND SOLD SAME YEAR 85LAKHS VALUE OF SHARES HE WAS PAID STT AT THE TIME OF SOLD HE IS SHOWN HIS INCOME UNDER BUSINESS OR SHORT TERM CAPITAL GAIN COVERED U/S 111A. PLEASE TELL

THANKS IN ADVANCE

20 September 2009 It's all depend on type of purchase and sale . 3 type of purchase and sale is possible.
1. Intraday purchase and sale
2. delevery based
3. In derivative.


20 September 2009 agree with expert.

first figure out the mode of sale.

20 September 2009 THANKS TO EXPERTS


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