Finance : New investors can feel the stock market is chaotic and unpredictable. Share prices fluctuate constantly, reacting to news events, ...
Finance : Understand why your portfolio may not be reflecting record highs in the share market. Learn strategies to navigate market highs an...
Income Tax : How to calculate the turnover of Futures & Options (F&O) for taxation purposes, including detailed examples and tax filing require...
Finance : Understand the importance of completing re-KYC for your demat account opening in India. Learn why it crucial for account security ...
Income Tax : Decode tax intricacies on derivatives transactions, understand income classification, tax audit applicability, and potential legis...
SEBI : All cash benefit distributions are being processed outside the depository system. Thus, no information is available in the demat a...
Income Tax : JCIT vs Amandeep Singh Bhatia: ITAT Indore dismisses revenue's appeal, affirming CIT(A)'s deletion of Rs. 2,48,02,084/- addition a...
Income Tax : The issue under consideration is Unlisted shares sold after holding for 23 months considered as Long Term Capital Gains or Short T...
Income Tax : In the instant case, all the shares have been bought by the assessee in the regular course of his business, employing common funds...
Income Tax : The intent and purport of the CBDT circular No.4/2007 dated 15.06.2007 is to demonstrate that a tax payer could have two portfolio...
Income Tax : The AO held the assessee to be a trader in shares & assessed the gains as business profits on the ground that (a) there was h...
SEBI : The Securities Exchange Board of India (Sebi) has said that 'in-person' verification of clients is a mandatory requirement for ope...
Ever wondered what is the difference between Fundamental and Technical approaches to Stock Picking? Is Technical Analysis a form of betting your money? Is only investing with Fundamentals in mind enough? Hope you are all enjoying the upswing in the market post March, 2020. Sensex & Nifty has bounced back & have bounced back in a […]
Profitability and being one’s own boss is the possibility in Sub Brokership. You can choose to become a sub broker and earn as per your will. You have the sole liberty to opt for the kind of business you wish to carry. Based on the business model and your connections, you can make heavy profits. […]
The Budget of 2021 has been pronounced and the market has shown moving in the upswing. The spending plan has given out a sign of another India. How to exchange or put in fact and essentially remembering the spending plan? How about we discover. Discussing the financial plan of 2021, at that point there is […]
Article explains Basic concept of Stock Market Trading and its impact on taxation, Taxation for Investing in Stock market – Equity Trading as Business and as Investment, Taxation for Investing in Stock market – F&O Trading as Non Speculation Business, How to compute turnover limit in F&O, Expenses which can be claimed against F&O turnover, […]
Background of the Company: The Company was incorporated in 1995, Mrs. Bectors Food Specialities Ltd is one of the leading companies in the premium bakery segment and premium and mid-premium biscuit segment in North India. The company’s product portfolio mainly consists of two categories of products; Biscuits (cookies, creams, crackers, digestive, etc.) and Bakery products […]
UTI Asset Management Company Limited (UTI) is set to launch its IPO on 29TH September, 2020, the IPO will be open for subscription to the public for 3 days i.e 29-09-2020 to 01-10-2020. UTI AMC is a registered AMC with SEBI, the oldest AMC erstwhile managed under the Unit Trust of India Act, it is […]
In current scenario, every person has dream of entering into stock market and build a healthy and wealthy portfolio. The only thing which restrict them to enter into this is time which is most precious thing in today’s competitive environment. This is mainly because to manage a portfolio is consider as kind of tedious job. […]
Article explains provisions related to Treatment of Income from trading of Securities(Business Income/ or Capital Gain?), Securities Transaction Tax (STT) Treatment, Taxation of Capital Gains in case of Shares held for the Purpose of Investment, Taxation of Gains in case of Shares held for the Purpose other than for Investment and Advance tax when you […]
Assessment of income from transaction in shares and securities under the Income-tax Act 1961 involves multiple issues. Such transactions give rise to income assessable under different heads of income e.g. business income, capital gain and income from other sources. This article is an attempt to discuss some major issues involved in assessment of such income under the head income from business. Speculative income, non-speculative income, trading, contract, derivatives, setting off losses 43(5), 10, 24(1), 24(2), 28, 73.
Since the covid-19 pandemic, many people started direct trading in stocks. Even brokerages have seen a surge in the number of new demat accounts after February this year. In this article let’s understand what is a meaning of intraday trading, it’s taxability, where to report them in the income tax return and which ITR form […]
