while preparing ITR should we show detailed breakup of intraday trades, Or can we show total buy value and sale value of all shares for the tax period?
Due to intraday trades, the amount is in crores, is that a problem?
Menu
Sec 111A in ITR
Replies (5)
Show detailed information
If there r hundreds of transactions, how to show it
For security purchased before 31 Jan 2018 you have to file security wise each txn! For security purchased after 31 01 2018 consolidated amount can be taken for filing!
If it is intra day then you have to show it under business or profession right?? then you can take net amount of profit or loss, no need to go with 111A for intra day transactions as per my understanding.
111A deals with security where STT is not paid!
Recent Threads
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
Related Threads
CAclubindia
