INCOME TAX

Deepak Kumar (Querist) 05 September 2009 This query is : Resolved
I have income from shares.
I am trader I have profit as well loss.

Kindly suggest me to file ITR.

Follow Query

Report Abuse

A V Vishal (Expert) 05 September 2009
You can claim the Net profit or loss on account of trading in shares as a trader. Further if the turnover of the shares business has crossed 40.00 lacs you are required to be audited under the Income Tax Act. Consult a local CA who can do the needful.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Possession & no title deed
Case of defamation
Easement rights
Inspection of documents
Case scheduling
University delaying mark cards- seeking legal advice
Section for fake affidavit filed by defendant
Vitaliflow usa gut health support (2025 update)
Gluco freedom: blood sugar support (customer alert!)
Division of society allotted site -regarding

Bequest to a family member, then conditionally to charity
Vacation judge
Help needed
Legal notice used for harrasment
Settlement
What is the meaning of possession (legally) of apartment
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices