07 July 2011
I have significant income from Stocks/Trading. Trading accounts are in my individual name. I intend to book expenses like seminar fees, books & periodicals, online recommendation services, office equipment, petrol, travel etc. What is the best way to book all these expenses? Please advise.
09 July 2011
In order to show share trading as business activity, will I require to change my trading accounts from Individual name to company name? That is too much of a hassle and not worth the trouble. If it is as simple as staring a proprietorship firm with Investment as line of business, then it makes sense. Please advise.
CAclubindia
