share intraday income
This query is : Resolved
24 December 2010
sir ,
i am salary person & share business income
sir my question is
share purchase totat
- share sales total = intraday profit & loss
example :
purchase = 100 share x 10 rate = 1000 purchse date 24-12-2010
sales = 100 share x 15 rate = 1500
sales date 24-12-2010
-------
share intraday profit 500/-
i this profit is tax free / taxable
where is take income for under this income
sir reply is urgent
i am salary person & share business income
sir my question is
share purchase totat
- share sales total = intraday profit & loss
example :
purchase = 100 share x 10 rate = 1000 purchse date 24-12-2010
sales = 100 share x 15 rate = 1500
sales date 24-12-2010
-------
share intraday profit 500/-
i this profit is tax free / taxable
where is take income for under this income
sir reply is urgent
24 December 2010
Speculation business income with ur share business income
24 December 2010
This is Speculation Profit/Loss Which is Chargeable to PGBP head.
Same Will be Chargeable as Per Normal Tax Rate.
Same Will be Chargeable as Per Normal Tax Rate.
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
