banner_ad

whether transcation are speculative or not

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 July 2010 1.in bse cash segment transaction are suared up & delivery not received in DEMET a/c whether it is speculative or not.Assesse have metal business income only.
2.for calculating gain or loss in share market, should be consider gain or loss on closin stock share,if yes then what price ( Market price or cost price )is consider for calculating gain or loss on cloing stock of shares
Profile Image

CA. Anoop Gadia

Profile Image

CA. Anoop Gadia (Expert)
18 July 2010 1. IT IS SPECULATIVE TRANSACTIONS.
2. IN BUSINESS CLOSING STOCK VALUED AT COST AND NRV WHICH IS LESS SO YOU ALSO CONSIDER LOSS IN CLOSING STOCK IF YOU TAKEN SHARES TRADING AS BUSINESS.
Profile Image

CA. Anoop Gadia

Profile Image

CA. Anoop Gadia (Expert)
18 July 2010 NRV MEANS NET REALIZABLE VALUE (MARKET VALUE LESS EXP.)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details