HELLO FRIENDS, PLS. TELL ME I HAVE RECEIVED THE STATEMENT FROM BROKER WHICH SHOWS THE SHARES PURCHASED AND SOLD DURING THE YEAR AND NET PROFIT LOSS.
HOW CAN I KNOW WHETHER IT FALLS U/S 111A OR NORMAL SHORT TERM CAPITAL GAIN.
BECAUSE CLIENT DOES NOT KNOW WHETHER TRANSFER IS THROUGH RECOGNIZED STOCK EXCHANGE OR NOT AND IN THE STATEMENT THERE IS NOTHING ABOUT SECURITY TRANSACTION TAX.
PLS. REPLY ME.
THANKS.
CAclubindia
