Can anyone contact me for tax planning

Tax planning 1724 views 10 replies

CAN ANYONE KINDLY CONTACT ME FOR A TAX PLANNIG. AND THE FACT IS THAT I WILL PAY FOR IT.

Replies (10)

What Exactly you are looking at Mr.Basant. Please send us your mail id.

Tell your problem... here are lot of tax expert on CA Club India...smiley

Post your query on this forum itself you will be provided free consultancy to the exent of a good benchmark

yes you can share here... no cost is required ... it is free ... 

We are here to share our knowledge and experience to all for free.

ITR-2 How to Show Short term capital gain, in shares purchase Rs. 14100000 and sales for Rs.14500000 so profit of Rs.400000/- shall i put all purchase cost as acquisition ? if yes, audit require as turnover is over one crore ? please advise me on above issue or how to show only short term capital gain of Rs.400000/-

First of all  In case of Individual/Firm or HUF Audit of Accounts u/s 44AB is required only when turnover exceeds rs. 60 lacs in case of Business and Rs. 15  lacs in case of Profession. Here T/over means sale of goods or services, sales of shares is altogether a different thing.

All the above replies shows, members in CCI are for passion, not for money.............

Mail me your queries at cavipinjain @ hotmail.com.

Originally posted by : Deepak Shah

ITR-2 How to Show Short term capital gain, in shares purchase Rs. 14100000 and sales for Rs.14500000 so profit of Rs.400000/- shall i put all purchase cost as acquisition ? if yes, audit require as turnover is over one crore ? please advise me on above issue or how to show only short term capital gain of Rs.400000/-

double check that the nature is STCG and the shares have been passed through delivery chanel ( Depository), if its done then you dont have to get fixed in audit, 

but if the shares have been sold in transit, then its not capital gain, but speculation income, and here its counted as business income, and audit comes in picture. 


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