Q: I am a bba student. I would like to invest approx Rs. 200000
Lakh (Capital) in stock market. i would like to trasfer this amount from my fathers a/c and he is working in abroad, I have no other income option.will this invested amount taxable or the profit only will be taxable?
is there is any double taxation because of using fathers money ?
can i open an account in my mothers name to save from tax & she is also unoccupied
what will be the reliable way for me to invest?
anyone plz reply me for these quries
Lakh (Capital) in stock market. i would like to trasfer this amount from my fathers a/c and he is working in abroad, I have no other income option.will this invested amount taxable or the profit only will be taxable?
is there is any double taxation because of using fathers money ?
can i open an account in my mothers name to save from tax & she is also unoccupied
what will be the reliable way for me to invest?
anyone plz reply me for these quries