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    Query about 10 lakh high value stock transaction

    Hello, I saw that in the form 26AS, a new entry has been included for an aggregate buy of Rs.10 lakh in Equity. What exactly does this include? Will my broker update this information if aggregate value exceeds 10 lakh? Does this mean 10 lakh in one stock (say if I buy over Rs. 10 lake of...
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    Fire your tax related queries and i would get it solved!!!

    I have posted this before. It is somewhere deep inside and missed attention I guess. Please see if you can help. I have a savings interest credit of Rs. 154 in a minor's account. Will it go with total interest and be shown under 80TTA? Or will it be shown in the Exempted Income sheet in the end...
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    Fire your tax related queries and i would get it solved!!!

    What is the meaning of Turnover-is it total sales and purchases of Equities, Options, Futures,commodities etc? For equities it is gross receipts that is total sales (pls confirm from others). For FNO it is like this Total of Absolute value of profits AND losses for all trades. Each trade can...
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    How to show debt mutual fund loss in itr2?

    Thanks a lot for your valuable feedback.
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    How to show meal and conveyance exemption in salary part?

    Thank you prst and canikhil. However I cannot find any head in the dropdown for these two in the ITR sheet. Shall I just put them in the other in the deduction part under Salary?
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    How to show debt mutual fund loss in itr2?

    I have a loss of Rs. 380 in debt mutual fund in 6 months. What I know is that it has to be added to my income since it is less than 3 years so it is STCG. Where exactly will I show it? No column accepts negative values!
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    Changes in ITR Forms 2017-18

    That is a real problem. Many are telling me to use 13015 instead of 10, Thoroughly confused!
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    Fire your tax related queries and i would get it solved!!!

    Thanks, I will use Individual.
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    How to show meal and conveyance exemption in salary part?

    Hello members, In the salary part of ITR, this year it is asking for specific details for exempt income under section 10. However the drop down does not have meal allowance and conveyance allowance? Under which head can I show the same as exempt income? Meal allowance 13200 and conveyance of 19200?
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    Fire your tax related queries and i would get it solved!!!

    This is not related to trading. What can I fill in the verification part where I have to mention that I am filling the return as? I have not found any consistent answer. For an individual will it be his name, "self" or "individual"?
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    Fire your tax related queries and i would get it solved!!!

    One more thing. I have a savings interest credit of Rs. 154 in a minor's account. Will it go with total interest and be shown under 80TTA? Or will it be shown in the Exempted Income sheet in the end of ITR3? Thank you
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    Fire your tax related queries and i would get it solved!!!

    Hi, Please help me in filling the short term capital gains in ITR 2. I have a gain of Rs. 5000. However I am facing a problem in filling it in Schedule F(1) at the bottom of the sheet CG where the datewise breakup has to match the total short term gains. In the last time period between...
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    Please help me in filling ITR3

    Kindly request you to point me to the relevant sections to post the following in ITR3. Since income is <2.5 lakhs, no books to be maintained. So it should go in the non-audit places at the bottom. FNO turnover 10 lakhs - This should go in the gross receipt row Loss 50000 - This will go in...
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    New options trader, need urgent help

    Hello, Slightly late in the day to ask this, but to keep the story short - new options trader, no other income other than bank interest. Made a loss of about 50000 on turnover about 17 lakhs. I never realized requirement to calculate turnover etc., assumed only profit or loss need to be shown...
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    Fire your tax related queries and i would get it solved!!!

    Thanks for your reply. Somehow I missed it. I have a new query. What is sundry debtors and sundry creditors for traders that I have to fill in the ITR? Thanks in advance.
  16. I

    Fire your tax related queries and i would get it solved!!!

    I have a query regarding cash book. I have started trading options, but I transfer money to the broker and keep it in the broker's account. Whatever credit and debit happens, it is done from the brokers account. From my savings account, I do all normal transactions too, including paying bills...