Web1 sep. 2024 · File ITR-2 and get standard deduction Intra-day trading of shares is in the nature of speculative business income and you shall be required to file ITR 3. Income from STCG/ LTCG may also be... Web10 apr. 2024 · Your final LTCG would now be Rs 50,000, and you will only have to pay a tax of Rs 5000 at a rate of 10%. If you invested Rs 10 lakh in a stock today and made an STCG of Rs 3 lakh within 1 year of ...
Income Tax: Salary plus capital gains? File ITR-2 and get …
Web2 apr. 2024 · 1. Speculative business can be product or goods specific, but in general '13018' can be useful. 2. Code of firm not necessary. Code to be mentioned if partner is also doing the business under proprietorship. 1 Like Online classes for CA CS CMA, Professional courses for GST, Accounts, Tally etc, & Books krishna (Chartered Accountant) (39 Points) Web31 jul. 2024 · Section 43 (5) of the Income Tax Act, 1961, defines “ speculative transaction ” as “ a transaction in which a contract for the purchase or sale of any commodity, … stibbards funeral directors jobs
All About Speculative Business and Speculative …
Web28 mrt. 2024 · Income Tax Last updated on March 28th, 2024 Any person having income from trading in shares and securities should report it as income from business and profession. To determine the applicability of Tax Audit as per the Income Tax Act, we should calculate Trading Turnover for such income. Web18 sep. 2024 · Intraday trading loss, F&O loss and Capital gain in ITR AY 2024-22 Income tax return, Share Market Trading In this video, we have discussed about ITR filing procedure for share traders. Its... Web25 mei 2012 · Problem Regarding ITr-4, Speculative Income, Business Income. Rudra S Chowdhury (Student, MBA (Finance)) (28 Points) 15 January 2011. Hi All, Kindly help me on the following issue with your views and suggestions. For Assessment Year 2009-2010 ( FY 2008-2009) I had inucurred speculative loss ( intraday trading ) = 36,990. stibbards funeral directors leigh