account, audit and taxation aspect of share trading

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 September 2010 Please help me that how can a day trader of share market can maintain his books?
-books of accounts required

How an auditor conduct the audit of a day trader?

What are the taxation provisions?

If a person is share trader as well as an investor; what are the different provisions?

CA PRAMOD SARAOGI

CA PRAMOD SARAOGI (Expert)
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03 September 2010 Its a wide subject. Depends whether the delivery is effected or not, Trading is done in F & O or in the cash market.

Querist : Anonymous

Querist : Anonymous (Querist)

04 September 2010 sir, the client is doing trading in cash market only. He usually involve in intraday trading, but sometimes delivery is also effected.

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