If total sale of shares in intraday and delivery exceeds Rs.1 crore whether that person is liable for tax audit.

Can a Partnership open a Demat & Trading account.

what shall be the tax implication on it.

will it be treated as business income or as capital gain.

is theoretical price of an option same as its intrinsic value

From where do we take risk free rate for valuation of options.

Short Term Capital Gain Mensa.

what does continuous compound rate of return means??

One of my clients is doing online share trading..... I heard that the turnover to be calculated for these transactions is the difference between the purchase and sale value of the scrips.... The turnover is the net of both the profit and loss on sale of these scrips.... I can't get this point exactly.... Profits are positive figures and loss are negative figures. While computing, should we ignore the negative figures and add both? I my client's case the profit figure is 1,43,650.52. The negative loss figure is -1,66,336.67. So is the turnover -22686.15 or is it 3,09,987.19 ignoring the negative sign? Pls clarify me on this..... Moreover, by IT definiton, this is a speculative business. But as per Securities Exchange definition, Since it is carried out on computer through a recognised stock exchange, it is non-speculative.... Which should I follow?

I am filling my dad return he is investing mutual fund in hdfc equity fund SIP from 2007 and in 2014 March he just redeem the 1200 share and balance 1000 share was redeem in April 2014. how will I calculate capital gain or loss in this and in itr wat is the treatment? plz reply

I want to know the tax implications and accounting aspect (in books of both) with regard to following: 1. If shares are transferred via demat account from wife to husband through off market transaction? 2. Tax implication at the time of transfer and when the shares will be sold by husband after 1 yr (as LTCG)? 3. does any clubbing provisions apply here ? Pls let me know the solution for above cases?

kindly let me know if SH4 without transferor sign will be accepted since the old TD(transfer deed) taken in 1999 has expired
please let me know the complete process for submission in this condition