Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
This would most likely if you have used unrealized profits or credit from sale of stocks/options held with you previously, to buy more. When you sell an option, the credit will be received on T+1 and not on the same. But if you use the funds on the same day to buy more options and keep such positions overnight, NSE will put a short penalty.
Like Steve has put in correctly, CA's have a limit on how many audits they do per year. So most of these big firms, don't really like to go for retail like us.
That said, we understand that as and when IT department is getting stronger because of technology, it is imperative that people take care of their taxation.
So very soon, we will have a book keeping solution on Q and also a trial balance for the trading account with us. That would mean that a CA would then need to only sign on that piece of document and would not be required for anything else.
That said, we understand that as and when IT department is getting stronger because of technology, it is imperative that people take care of their taxation.
So very soon, we will have a book keeping solution on Q and also a trial balance for the trading account with us. That would mean that a CA would then need to only sign on that piece of document and would not be required for anything else.
I disagree.
If no one was interested in retail, why would Y-Combinator - One of the biggest angel investors in the USA buy a 7% stake in ClearTax - Whose main focus is retail.
ClearTax is willing to Audit F&O ITR4 for Rs 6,500 but I am sure if a big firm like Zerodha ties up with it, they would definitely be willing to give atleast 20% discount - Which would come to Rs 5,000.
Last year, they tied up with Paytm to provide its users with e-tax filing.
So, anything is possible. Why doesn't Nithin just write an email to those guys. No harm in trying, right?
If no one was interested in retail, why would Y-Combinator - One of the biggest angel investors in the USA buy a 7% stake in ClearTax - Whose main focus is retail.
ClearTax is willing to Audit F&O ITR4 for Rs 6,500 but I am sure if a big firm like Zerodha ties up with it, they would definitely be willing to give atleast 20% discount - Which would come to Rs 5,000.
Last year, they tied up with Paytm to provide its users with e-tax filing.
So, anything is possible. Why doesn't Nithin just write an email to those guys. No harm in trying, right?
I disagree.
If no one was interested in retail, why would Y-Combinator - One of the biggest angel investors in the USA buy a 7% stake in ClearTax - Whose main focus is retail.
ClearTax is willing to Audit F&O ITR4 for Rs 6,500 but I am sure if a big firm like Zerodha ties up with it, they would definitely be willing to give atleast 20% discount - Which would come to Rs 5,000.
Last year, they tied up with Paytm to provide its users with e-tax filing.
So, anything is possible. Why doesn't Nithin just write an email to those guys. No harm in trying, right?
If no one was interested in retail, why would Y-Combinator - One of the biggest angel investors in the USA buy a 7% stake in ClearTax - Whose main focus is retail.
ClearTax is willing to Audit F&O ITR4 for Rs 6,500 but I am sure if a big firm like Zerodha ties up with it, they would definitely be willing to give atleast 20% discount - Which would come to Rs 5,000.
Last year, they tied up with Paytm to provide its users with e-tax filing.
So, anything is possible. Why doesn't Nithin just write an email to those guys. No harm in trying, right?
The crowd that cleartax is after are the ITR 1 and ITR 2 guys, which is probably between 10 to 15 crore Indians. That is a piece of action, every tax filing business in the world would want to go after. Best part is there no limitation on how many ITR1 or 2 1 CA can file.
Still not sure if cleartax will do an audit for that less especially with the restriction on how many a CA can do in a year, but as you said no harm in giving it a shot..
First in a series of three posts to help you understand option greeks and its implication while trading options. http://zerodha.com/z-connect/queries/stock-and-fo-queries/say-hello-to-the-greeks
