transfer of share investment to stock of share

Lalit Parida (accountant) (24 Points)

06 December 2010  

I an Salaried Indivudual & doing Share Trading vary offen . some shares i have shown under Investment and some shown under Stock of Share in Balance Sheet. Can you Please suggest what will the Capital Gain/Loss during the Year if :

 

a) I Sold some of my Investment Share & Make profit

b) I Sold some of my Share from my "stock of Share" & make profit 

Also please suggest what will be the best method to show in balance sheet for taxation purpose.

 

Lalit