Book Entry for Stock Market Transaction

A/c entries 1232 views 1 replies

Respected Sir/Madam,

I want to know the accounting entries in tally in respect of Intra day, Delivery base sale and purchase, and IPO transactions in secondary stock market as a client and also want to know which transaction entries will be covered for calculating turnover for sec. 44AB of I. T. Act?

Thanks

Replies (1)

Try this link, seems to be a well articulated.

https://www.traderji.com/taxation-matters/30837-accounting-entries-taxation-stocks-f-o-thread-settling-these-issues.html
 


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