LCI Learning
Master the Basics of Legal Drafting in All Courts. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

INCOME TAX

(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.
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.


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


Click here to login now



Similar Resolved Queries :