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
Boost returns and cut risk
Early June 2009 was a great moment to buy shares. The indices had begun to rebound strongly from their catastrophic credit-crunch collapse. Over the next eleven months, America’s S&P 500 and our own FTSE All-Share both gave a total return of around 28.5 per cent. Hindsight is a wonderful thing, of course. A lot of people – myself included – were still fearful back then that the slump wasn’t over. However, a tried-and-tested buy-signal was actually flaashing brightly at that moment.
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
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