Menu
Gross receipts in case of intra day trading of shares
What should be the gross receipts in case of intra day trading of shares? Please advise.
Replies (3)
the amount of shares sold.
Since there is no delivery of stocks, I am taking it as speculative business. The value of total stocks sold during 2015-16 is more than Rs. 2 crores.
it can be taking of speculative business gain, further u can take monthly or quarterly or annually receipt of income from ur broker, in order to know ur profit.
Recent Threads
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
Related Threads
CAclubindia
