Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals SMS News Articles Highlights
        Home        
 
Discussions Forum
Home Forum Income Tax This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

INCOME TAX RETURN PROCEDURE IN CASE OF PERSON TRADING IN SHARES AS TRADER, Income Tax

Issue Id: - 112988
Dated: 31-10-2017
By:- PIYUSH MITTAL
INCOME TAX RETURN PROCEDURE IN CASE OF PERSON TRADING IN SHARES AS TRADER

  • Contents

Sir

I want to know the procedure of income return filling in case of person dealing in shares as trader both in short term,long term & intra day trading. Also whether the assessee has filed ITR under the provisions of Sec 44AD.

Posts / Replies

Showing Replies 1 to 2 of 2 Records

1 Dated: 31-10-2017
By:- CA GOPALJI AGRAWAL

The delivery based transactions will be treated as normal sale/purchase while non-delivery transactions profit/loss turnover would be considered ignoring its sign (+) or (-). More detailed study could be had through Guidance Note of ICAI under Section 44AB of the Income Tax Act 1961


2 Dated: 3-11-2017
By:- MARIAPPAN GOVINDARAJAN

Can you please cite the ICAI site menu for downloading this guidance?


1

Old Query - New Comments are closed.

← Previous Next →
Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.