Gross receipts in case of intra day trading of shares
SSG (1936 Points)
26 June 2016
What should be the gross receipts in case of intra day trading of shares? Please advise.
SSG
(1936 Points)
Replied 26 June 2016
Since there is no delivery of stocks, I am taking it as speculative business. The value of total stocks sold during 2015-16 is more than Rs. 2 crores.
Harshit Kabra (INVESTOR)
(Student CA final)
(1113 Points)
Replied 26 June 2016
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
