SHRMONEY (solve legal finance problems - shrmoney@gmail.com) (148 Points)
05 August 2015I got notice to file return for 2012-.2013 period for share market transection.
It is defficult to get all the accounts and normally it is loss.
So how to compile tha accounts and file return.
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 05 August 2015
You will have to accumulate the data and provide transaction details. I dont think you can file a return now, ony give explaination.
SHRMONEY
(solve legal finance problems - shrmoney@gmail.com)
(148 Points)
Replied 06 August 2015
| Originally posted by : Uttam | ||
 |
You will have to accumulate the data and provide transaction details. I dont think you can file a return now, ony give explaination. |  |
Yes I am collecting data.
But my problem is for derivatives trades are done at five percent margin so I have to show margin as turnover or full value of contract.
And I have recieved letter from IT dept for filing return since data recived from exchanges.where trading is done in shares.
CAclubindia
