Highest Priced Stocks 2009
What ITR provides wage income and market share?
A person is an employee and is geting a month salary from the society. He also invested some money in the market share as the basis for daily work. In fact, it has no time for daily operations, so that responsibility has been given to others for trade. But D-MAT a / c is the name of that person. End of the Year, which earned very little money from the sale or purchase of shares. End of year the rate of closure of the operation are the high prices in the market today. He recorded all transactions. What should be the method of valuation of closing stock. Do you pay taxes on income from self-employment and income market share or included in both. In which the head tax on income, income is calculated on the share market. It also received dividends from investment funds SIP. What is the current tax rate on income of the market share. Please advise to fill ITR 2009-10.
If you have wage income only then ITR_1 (not for you.) ITR_2 wage gains (not his) income, profits capital and income from business ITR_4: It's for you. You do the trade and has operating income (loss or new). So, you must file its declaration of ITR-4. Regarding the assessment of stocks at the end can follow the purchase price or market value or current. As its share price are higher than actual market price means that you are in the loss. Fill ITR-4 is not feasible for you, as it contains about 22 pages. You can take the help of tax advisers (CA). I advised him not to go to trading. This is just speculation. Sooner or later lose its eitire money. If you want to be happy in life and invest in stocks to keep quite. Do not leave the trading day.
Johannes Kreidler – Charts Music – Songsmith fed with Stock Charts