Dear All
I have a query regarding the de merger of the TATA chemical salt business to TATA consumer. I was holding 250 shares of TATA chemicals and received the 285 free shares of TATA consumer against the de merger of TATA chemicals. What should be my buy price of free TATA consumer shares which I received on 31st march 2020. This is regarding the capital gain calculation.
1) A foreign company wants to invest 100% in Equity shares of a running Indian Private Limited Company which is 100% export oriented.
2) Alternatively this Foreign company wants to give their foreign shares to the existing shareholders of the said Indian Pvt Ltd. Company.
Please advise me what compliances to be done in respect of RBI, ROC, and Income Tax.
1. Do we have to report the assets upto 31 Mar 2023 or 31 Dec 2022 for the US stocks?
2. Please clarify whether the conversion rate used is the SBI TT buying rate as on the previous month.
3. Does the taxpayer need to submit a separate form 67 to obtain the foreign tax credits
Is UTI Fixed Term Income Fund Series XXXI - V (1174 Days) a Debt fund ?? Is it to be shown under other assets in ITR 2 for its sale ??
Experts,
Need clarification on below points.
1. Trading in MCX commodity is speculative or non speculative? Trading in intraday or holing till the contract period does it change the nature of specualtive or non speculative?
2. In MCX commodity we select contract as either Future or options, can we say it is Futures and options?
3. Trading in NSE, futures is F & O?
4. In MCX commodity also Futures and in NSE also future does both transaction belongs to Future and options?
Sebi has recently put a category of shares under ESM category wherein trading is permitted once a week on Monday. We wish to buy some shares from off market of one of the company shares under ESM since their shares are under freez in last 1-2 trading weekly session so need your advice whether we can buy off market at the last traded price
1. Is any registration, license or certification mandatory for providing training/coaching for "Online Commodity Trading - profitable strategies" to interested persons or a fee, via online & offline mode?
2. I wrote to the SEBI requesting clarification, but they too failed to respond with a direct answer and instead asked me to go through the FAQ's for 'Investment Advisors' on their website. So my second question is does the above fall under an 'Investment Advisor' (IA)? If yes, how, because I will not be giving any investment advice & next I will be providing training only for Commodities and not Securities/Equity Stock market, so how will it fall under an 'IA'?
Thanks in advance for all who may respond.
Can a company issue sweat equity shares for services to be received in future? Kindly quote with section
Can I receive Stocks as Gift from Non Relative of value above 5 Lakhs.
Now, If I don't Sell these Stocks then no tax liability on me.
Only Dividend is taxable for me.
No tax on donor.
Please Help.
Is there any specific conditions lead down for a Pvt ltd manufacturing company to invest in shares trading?
TATA CHEMICAL DE MERGER TATA CONSUMER