Suppose a salaried employee earn profit from trading of shares . So how will it show in itr 2?capital gain or other sources? what is the better way. assessee does not have full details of profit of share trading.
thanks in advance
4 Replies
Akhil
(Student CA )
(1005 Points)
Replied 21 July 2018
generally broker vl provide the statement of trading.....from such statement bifurcate short term and long term sales.....thus calculate gains and enter it under the head CG
CA RASHMI RANJAN
(Chartered Accountants)
(97 Points)
Replied 22 July 2018
Can we allow STT, ST,GST, Interest, brokerage etc while arriving STCG/LTCG (as the case may be)??
Akhil
(Student CA )
(1005 Points)
Replied 22 July 2018
as per my view.......yes u can allow it as an expenditure.........
CA RASHMI RANJAN
(Chartered Accountants)
(97 Points)
Replied 23 July 2018
bit confused w.r.t. STT and ST/GST.. can we allow these too??
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