Shares & Stock QnA - Page No 38

i'm having 15lacs in my hand right now in cash
i dont have any heads of income
and i haven't filed any return till now

i would like to have monthly earnings of
10thousand

how should i proceed
should i file a tax return every year
what are the investment opportunities

Anonymous

25 November 2014 at 14:42

Equity share

sir,

mere uncle n 10years pehle tata spnge s 200 equity shares purchase kiye the purchase ker k vo bhul gye ab jab unhone apne almirah check kiya to unhe yaad aya ki unhone share purchase kiye the to unhe ab kya kerna chahiye

shrirang

22 November 2014 at 20:46

Source of finance

what is Angel Financing? pls guide me

Anonymous

19 November 2014 at 15:42

Share market

Is transaction in share market is profitable or not?

Akash Unadkat

16 November 2014 at 11:07

Mutual funds/shares stocks accounting

If i buy Shares/ Mutual fund Units for Rs. 1000 on 01.04.2013,
Market Value of it on 31.03.2014 Rs. 1200,
I sell it on 30.04.2014 for Rs. 1250.

How can accounting be done ???

(1) Ans 1:
on 31.03.14
Income Receivable Dr. 200 [Current Assets]
Income Cr. 200 [P & L A/c.]
>> and Investment Shown in B/S at Cost on 31.03.14.

On 30.04.2014
Bank Dr. 1250
Investment Cr. 1000
Income Receivable Cr. 200
Income Cr. 50

(2) Ans 2: on 31.03.14
Investment Dr. 200 [Investments]
Income Cr. 200 [P & L A/c.]
>> and Investment Shown in B/S at Market Value on 31.03.14.

On 30.04.2014
Bank Dr. 1250
Investment Cr. 1200
Income Cr. 50

Correct Ans is any of Above, or Any Else ??
Please Suggest me.
- Akash Unadkat

Dev

15 November 2014 at 13:32

Physical shares

Dear Concern, My grand mother is helding physical shares of ITC since 1988 and till date several bonus & split happened and we have received the same. My granny is not having demat account and neither she is having pancard, is it possible to transfer shares in my name, if yes then what will be the tax liabilities.