LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Tax calculation

(Querist) 31 March 2019 This query is : Resolved 
Dear Sir/Madam,
I do intraday trading of equity shares. no other instruments like F&O or commodity etc. there was Rs.5000/- in my trading account on 1st- april-2018 and I began trading and had been trading with the money for entire year and on today 31- march-2019 I still have Rs.6,108/- in my trading a/c. In this period ( 1st April- 2018 to 31 March- 2019). whatever profits I have earned turned into ;losses. in the meanwhile, I have never withdraw any money from my trading a/c..

Well in this scenario will I have to pay any tax & how much?

or will I have to fill a return too??

please answer to my questions.

Regards...


Thanking you
Dr J C Vashista (Expert) 01 April 2019
Consult a local tax consultant.
Guest (Expert) 01 April 2019
Quite a vague query! How much profit you earned and how that turned in to loss, when your trading account has increased from Rs.5000 to 6108?


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :