Menu
Shares trading- through DMAT Account
Sir, one of my client has done share trading activity wherein he purchased to the tune of Rs. 19 crores and also sold to the same extent( neary from 200 plus listed companies shares), gaining some small profit through D-MAT account. Now, would it attract 44AB ? kindly advise me.
Replies (3)
If it is fully equity delivery then you may consider it under capital gains without Audit .
If it's intraday trading then it will come under speculative business audit is required
If it is trading in futures and options where no delivery is involved then get tax report from brokerage house and check the turnover.You may have to go for Audit
If it's intraday trading then it will come under speculative business audit is required
If it is trading in futures and options where no delivery is involved then get tax report from brokerage house and check the turnover.You may have to go for Audit
Depends on nature of share transaction
@ T.N Reddy,
Is it intraday trading in equity or only investment in equity or any others ?
Is it intraday trading in equity or only investment in equity or any others ?
Recent Threads
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
- RCM List on GST
Related Threads
CAclubindia
