Pralay Sen
23 July 2024 at 21:36

STCG tax for equity market and FNO

if i earn 32000 from equity and 21000 from currency FNO and loass of 1 lakh 17000 from FNO trade , am I eligible for short term capital gain tax?


DN MAA
23 July 2024 at 20:07

Income Tax liability on STCG/LTCH

What is the standard Deduction(allowance) allowed in STCG /LTCG FY 23-24 for nil income tax.
Upto what amount tax does not attract and slab there after.?


Nikhil Sharma

Dear Experts,
F&o sale amount is above 10 cr but absolutely turnover is below 10 cr.

Is it correct to report sale amount of f&o in other operating revenue of trading A/c.

Also let me know where to report absolute turnover of f&o in trading or p&l A/c

Thanks


Biswajit Das
23 July 2024 at 19:55

ITR filling for Buyback

I am filling out ITR 3. I have earnings from the stock market (no intraday, no F&O), and some of these are from stock buybacks. Are these earnings (buyback) mandatory to show in the ITR? If yes, how and where should I show them?


Vasudeva Rao

Sir, Whether deduction under section 54 can be availed in respect of amount received on compulsory acquisition of residential house property by railways, undertaking to buy or construct another house property. Also, when we undertake to buy / construct a new house property by availing the deduction under section 54 or 54F, whether the cost of site is also considered for new construction of house property or only super structure investment is to be considered. Thanks in advance and Regards.


DN MAA

Am falling under 30% tax liability with income of 30 lakhs
Will my STCG/LTCG attract income tax as per income tax liability of 30% or applicable slab of STCG/LTCG Slab?


Biswajit Das

I have a few earning from peer-to-peer lending platforms like IndiaP2P, Mobikwik Xtra. How to show these in ITR 3?


Suresh S. Tejwani

If any private limited company is incorporated in february 2024 and only have issued share capital
So Audit under section 44AB is not required under income tax So What is the return filing Due date for such companu?


DIVYESH JAIN

Dear Sir,

If a person wants to sell his property and use the sale proceeds in pre-payment of an existing home loan then will he get capital gain exemption on the property he sold.

Please help me in this matter.

Regards,
Divyesh Jain


Biswajit Das
23 July 2024 at 18:14

ITR filing for Intraday Loss

I need to file ITR 3 with No Account Case. I have a loss in intraday trading. However, in Part A - P & L > No Account Case > Speculative Activity, it does not allow me to enter a negative value. How should I show my losses?"






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