This Query has 3 replies
Hello friends,
Suppose I wish to show all my trading gains/losses under the head capital gains and that I have the following Information for Opening stock, Purchases and Sales in MS Excel:
Dates of purchase/sale, Quantity and the total amount.
We know that as per CBDT circular we are supposed to determine whether the transactions are long term/short term on FIFO basis. This will significantly affect the tax implications..
My question is how I can find out whether the transactions are LT/ST based simply on the dates and quantity. I want to know if the process can be automated in excel or any other software. I have been trying to find a solution for quite some time and cant find any formula or method in excel...
Thank You
This Query has 2 replies
Can anybody tell me the exact difference between trading & speculation in shares..
I have searched on many sites but i cant come to any conclusions.
This Query has 3 replies
DEAR SIR/MADAM
AS ASSESSEE PURCHASE DURING THE YEAR 1 CRORE VALUE OF SHARE AND SOLD SAME YEAR 85LAKHS VALUE OF SHARES HE WAS PAID STT AT THE TIME OF SOLD HE IS SHOWN HIS INCOME UNDER BUSINESS OR SHORT TERM CAPITAL GAIN COVERED U/S 111A. PLEASE TELL
THANKS IN ADVANCE
This Query has 1 replies
Hi can someone brief about the pro's and con's of ETF??
This Query has 1 replies
hi.. i want to invest in equity market .for that i want to now the steps which i should know to study the market in depth so that i can invest in market with proper knowledge.
This Query has 4 replies
hi..i jus wanna know that can tax of an individual(salaried class) can be saved beyond 1 lakh limit. if there is any option do tell me
This Query has 1 replies
could anyone tell me who a depository participant is and how is he different from a stock broker ? and also an example of DP
This Query has 3 replies
could anyone tell me who a depository participant is and how is he different from a stock broker ?
This Query has 1 replies
Can anyone explain me the basics on derivatives and commodity trading and the concepts involved? And also the accounting procedures and policies for the same
This Query has 2 replies
I WANT TO OPEN A PROPRIETORS SHIP FOR TRADING IN EQUITY SHARES. I WANT TO BOOK FOLLOWING EXPENSES:
1-BROKERAGE AND STT
2-TELEPHONE AND INTERNET EXPENSES
3.ELECTRICITY EXPENSES
4-COMPUTER REPAIR AND MAINTAINENANCE EXPENSES.
5-RENT
6-SALARY
ETC.
CAN I BOOK ABOVE EXPENSES AND WHAT KIND OF OTHER EXPENSES CAN I BOOK.
Excel Mastery Program
FIFO basis for Cap Gains on shares