Income tax return
This query is : Resolved
26 April 2015
i have received cash rupees 10 lacs my client and these amount deposited in my saving account and then i started MCX/share market transaction so how to deal these transaction in my books of account and how to file income tax return..suggest
26 April 2015
Income tax return doesn't filed on cash and all details... If you had earned income by trading show in return as short term or long term gain
26 April 2015
the transactions on MCX, F&O shall be covered as business transactions...delivery trades shall be covered as capital transactions and non-delivery trades as speculative business income. you should file ITR4/ITR4S depending upon other facts.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Form 26QB for TDS on property
- REGARDING GST ON COMMERICIAL PROPERTY
- DTCP approval
- Partnership Business Can start India (two partners one is Indian and OCI both are wife and Husband)
- Whether still royalty
- GST rate for millets.
- Payable outstanding for years disallowance
- GST Annual Returns filing due date
- What is paid meaning under form
- Consequences of short and excess provision of expenses
- Provision for income tax and adjustment entry
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
