this video cleared my doubt aboot turn over.. i thougt that total transaction is my turn over, which has exceeded 2 cr. but after this video i got to to know that its just 2 lack this year.. thanks for the video for making me fear free.
Great job sir....... What u got from youtube I think that's little as compared to your devotion. Hat's off. Secondly I admire today's slide presentation its easy to understand. Thanks
Thank you sir.... This is really very important video... And recent videos are really good and became more simple to understand with the help of slides....
sir, in beginning of video, you say sale amount of transaction is turnover. but I read somewhere that, it is profit or loss is turnover. further turnover is always positive, whether it is profit or loss. means one has go on adding profit and loss figures of transaction
You are right, Turnover is no of shares traded multiplied by difference of buy and sell price irrespective of sign. In the video turnover will be 3000 instead of 1000. Profit is 1000.
Sir, what to do when my broker calculates turnover in wrong way ? I'm using Fyers and they are calculating TURNOVER in wrong way. I talked with them; but they are not agreeing that they are calculating in a wrong way. Please suggest me what to do.
The threshold limit of Rs 1 crore for a tax audit. mean how i can do my tax audit. if i go with all segment addation (intraday + option and future ) then it cross 1cr . what can be possible .....
Thanks for the video, cleared most of the doubts. Audit requirements in respect of turnover & other conditions info require in detailed. Also filing of ITR2 & ITR3 help require.
Total income from salary and bank FD interest is above taxable limit (Rs 7.0 lakh aprox ). TDS deducted on FD interest is reflected on 26AS. In options turnover is below 5 lakh and loss is 1.25 lakh. Wants to file ITR-3. Tax audit is necessary or not. Please guide urgently.
Sir, I am a government employee. Main pehle Intrday trading karta tha, ab main kya Karu? Mujhe nahi pata tha ki ek government employee intraday trading nahi kar Sakta. Please help me.
Pease..I have questions..i am house wife and I just started to invest my saving into delivery based share trading..short term and long term both...if I i earn some profit from it then will i have to pay tax on it, if yes then how much and how? And one more question..is it compulsory to file return on demat account? Thanks , would be great help to clear doubts
Nitin sir please agar aap ek video banaye jismeh acche se bataye ki agar hum overseas stock buy kare to hume konsa aur kitna tax pay Karna hoga india meh...
Sir, I do intra day trading and short term delivery based trading, my profit in intraday was 160000 and loss in delivery based buying and selling in short term is 44000 and sales value in delivery based short term is 16000000 ... do i need audit for stcg?
Hello Nitin Sir, can you please share the link for the video if you had already made any video on "how to file ITR3" for income from Salary, Intraday, Futures and Options (Intraday and Swings). If there is no video already, can you please make an effort and create one video for the same? Thanks in advance !!! Your videos really help us in the day to day activities.
Sir, I thank you for making such wonderful videos. Sir, i am a government servant and because of lack of information i was indulged in intraday trading during the last financial year. I also incurred loss in that, but now I want to know should i file itr 3 and admit in there all the losses i had? Or, should i file itr 1 as i did in the past? Sir, also let me know what are the consequences of intraday trading for a government servant? Will i be fined for that? Or sonething else? I am worried thinking about any action from income tax department. Please guide me.
Sir jo apne turnover btaya hai vo asal me net profit/loss hai agar possible ho to please intraday audit charge bta den. Audit se behtar rehta ham direct tax de saken govt ko jaise stt
Sir, i have done trading in equity intraday and options only in FY 2018-19, So my turnover is Rs 983162 (Including both intraday & options) and overall profit is Rs 20637 (including both intraday & options). Am i falling under audit category ? As per information shared by you in video i am coming under audit category, but i consulted 2 CA they said no audit required. What is correct, pl. clarify if i am wrong.
Agar kisi individual speculative,non speculative,short term deliveey aur long term delivery mein 10/12lakh each segment mein profit hota hai,to usko konsi ITR fill up karna chahiye??? Aur frequently trading ka koi profit limitation hai?? Kisiko 7lakh profit hua short term delivery mein usko kaise treat karna chahiye???flat 15prcnt tax?? Naki usko tax slab ke hisab se business income dikhano hoga??
Mai govt emoloy hui maine pichle 2 mahine se lagbhag 10 lakh ki delievary base se share kharide aue sell kiya filhal muje 1 lakh ka loss chal raha hai kya stgp dena hoga kya tax lagega .total teading par tax lagta hai ya profit par please tell me sir
Need one answer.. Do we need to pay this all taxes separately or it wil be automatically deducted from profit when we sell our shares.. If need to pay separately plz tell. Thanks
sir meri 2 query h ,,,, intraday m turnover ka jo aapne btaya suppose pure saal m humne 2 trade kiye ek m 2000 profit hua or ek m 1000 loss hua to total turnover 2000- 1000 = 1000 hua iska mtlbb only profit hua whi turnover hoga ya fir suppose hmara loss 2000 hua or profit 1000 hua to total turnover 2000-1000 = 1000 hi hoga means dono situation m turnover equal hoga ... ya hum ye kh skte h ki jo amount jyada h profit ho ya loss usme s jo km h usko minus krke jo bchega wo turnover hoga.... dusri y ki speculative income ( intraday) k turnover k according income tax slab kya kya h ... usme max turnover kitna h jispe koi nil tax lgta h .. if u can tell all tax slabs aapki bht meharbaani hogi shrimaan.....
Sir, What if someone doesn’t have any other income apart from stock but overall stock market income is less than 100000 in particular fiscal year... is person eligible for Tax??
Sir Govt employees are not permitted to do day trading f&o. Swing trading. Margin trading. Leverage etc frequent trading even on delivery basis is not allowed. Income tax department May be unconcerned but employer will have objection
Is deduction from gains or losses from trading available for brokerage paid, GST, STT or other charges captured as a part of contract notes issued by broker?
Hello Sir If we have frequent delivery trading in stock market but we have loss greater than profit then do we need to file ITR? If we need to file ITR then which one we have to fill? Please answer this query.
Sir main abhi ek bhi income tax nhi dyta tha kyu ki meri income farmer may h jo ki income tax free h Aur meri income certificate 40 hjar rupay per year h But ab jab hmny intraday intraday trading sy stock Market suru kiya aur hmara turn over 1.5cr aaya h ab bo tax audit Karny ko bol rhy h humy ab kya krna h Mager hmari income tho hui he nhi h khuch mager turn over aagya h Ab kya dhikana h humy Ek aur baat ager hmara turn over 2cr sy jada hota h kitna bhi jaisy 5cr, 10cr ,15 cr yaa kitna bhi ho. But income khuch bhi na hui ho sab loss may he Ho ya khuh bhi ho income bilkul na hui ho tho ish may humy kya krna hoga kitna tax dyna hoga ya yh free hoga
Me akkk din ki trading 2 se 3 lakh ki karta hu but loss hota he 1 mahine se kar raha hu trading ajj 60 rupiye nikale he to appp ji bataiye please Kya muze bhi income tax dena padega
Sir,, please suggest me, I have business income as 44AD and income from other sources as of FD's but loss of R's 245 from Shares, which itr must I fill , I do't interested to carry forward and set off of stc loss, Can I fill itr4.
Video is very useful for capital gainer. Sir my query is supposed I earn capital gain 50000 upto 15.03.2018 and for the purpose of save income tax I sold my some position after 16.03.2018 and get 25000 loss. Then income tax calculated on capital gain on 50000 or (50000-25000) = 25000
hi sir. if income from option is 90000 and turnover is less than 20 lacks . that is in my father account. he is age is 75. .and no other taxable income. whether Income tax filing to be done or Not. if yes in which form it need to be filed and in which head it Nedd to be declared.
Sir ek baat bata dooo.... Plzzz... Me ek government employee hu mughe 15000 ka short term gain hua hai... Toh kya mughe 15% ka tax dena hoga 15000 par..... Aur konsa form bharna hoga
Last 2 year I have fill itr sugam but in year 17.-18 I have intra day in last two months and get profit approx. 20000 and I also doing business which itr I should filled???
Sir, pl.guide us What are Tax implications and exemptions available to shareholders for the following (1) Listed co's shares De- listed in 1992 and De- merged in 2011. They issued preferance shares w.e.f. appointed date 01.01.2016. A/ L of shares were on25.11.2016. These preferance shares were redeemed at a premium in April 2018 by the holding company which is a Pvt.ltd.company. Pl. Guide us what are the tax implications on tbe above. Thnks.
How the investment income or loss generated under portfolio management scheme is treated and taxed where PM'S manager buys and sells equity frequently like Mutual fund
Video is very useful for capital gainer. Sir my query is supposed I earn capital gain 50000 upto 15.03.2018 and for the purpose of save income tax I sold my some position and get 25000 loss. Then income tax calculated on capital gain on 50000 or (50000-25000) = 25000
hi nitin bhatia ji. I am a pensioner of 60 years age and earning Rs.4.80 lacs p.a. and recently i have been doing intra day trades. pls once again clarify the following query. I have sold SBI 15000 shares [various timings in a day] @ 214 one day and bought the 15000 shares @ 212 and another day i sold 9000 SBI shares [various timings in a day] @ 208 and bought the same 9000 Sbi shares at the end of the day @ 207. What could of my turnover total in these two cases in calculating the Annual turnover of Rs.2 crores for Tax Audit purpose. and What is Absolute Profit total in these two cases. Is it the total diff. betwen sellinng price and buying price [positive] multiplied by no. of shares?. What is the turnover in these to cases to calculate the annual turnover. Please answer. Thank you.
sir, you say profit 2000 and loss 1000 , so net turnover would be net 1000. but I UNDERSTAND THAT ACTUAL TURNOVER WILL BE 3000.MEANS WHETHER THERE IS PROFIT OR LOSS, FOR CALCULATING TURNOVER , PRIOFIT AND LOSS TO BE ADDED. PLEASE CONFIRM, THE CORRECTNESS. I READ IT ON ZERODHA VERSITY
I have proprietor business and I do options trading thru personal account, and take the profit in business, so which ITR i have to file. This video was very useful for me. Thank you sir.
Hi Nitin bhai The SBI Shares sold and purchased in two cases of 15000 and 9000 are on the same day only. Pls let me know the turnover for calculation of Rs.2 crores
Your video on taxation is quite informative. I have got three questions. Q1- Whether earnings from FNO intraday tradings of Indices (Nifty & Bank nifty) will be considered as Non-speculative business income. Q2- Whether intraday tradings in stocks will be considered as Speculative business income? Q3- Whether TAX AUDIT is mandatory even if either of three criteria is applicable? I have incurred a loss of 1.2 lakhs in FNO trades (Stocks & indices) but, total turnover works out around 36 lakhs. Whether tax audit is required to be done?. --Regards.
If my income is 5 lac and I invest 1 lax in intraday and earn 4 lac as profit, then what is my total income - is it 10 lac or 11 lac. Another question is - if I don’t withdraw my intraday per year would I be taxed twice next year or on new earned profit
मेरा प्रश्न आपसे ये है की यदि जैसे मैंने आइडिया के 10000 शेयर ₹5 के भाव में लिए तो मैंने ₹50000 की डिलीवरी उठाई । अब करीब 6 महीने तक मैं इंन शेयरो की डिलीवरी रखे रहा परंतु मैं डिलीवरी बेसड इंट्राडे करता हूं प्रतिदिन करता हूं , यानी इन 10000 शेयरो को हर दिन बेचकर खरीद ता हूं ,तो क्या ये इंट्राडे में गिना जाएगा या डिलीवरी मे ?
In non-speculative business income from equity, business expenses given exempted like normal business or not? Expenses like office expenses include electricity, mobile, telephone bill, petrol bill, day to day tea expenses, any new facility purchased for office like personal computer, laptop or router or air conditioning exempted or given depreciation?? In short non-speculative business is same like other firms profit & loss account or different?? Thanks in advance
Sir govt employees ki wife intraday trading ya positional trading kre to us employees ki job per kuchh effect padega ya nhi??? & Wife is not a govt employees ....please explain me sir
sir agar non-salaried person sirf delivery based trading kar raha ho toh woh capital gains hoga yah business income. aur isme tax ltcg-stcg ke hisab se barna hoga ya ki income tax slab ke hisab se. sir ye doubt mujhe bahut dino se hai
Thank u for posting such a informative video, Can u tell plz the business code in ITR 3 form for profits from futures trading in f&o segment in stock market
Sir, me ek beginner hu stock market me or har mahine 1000 Tak investement karsakta hu long term ke liye. Per mene intraday v Kia hua he chota amount se (using another brocker platform) me abtak koe v delivery stock bechi nahi he, na hi me f&o trade karta hu. Sir, Kia mujhe income tax Varna padega vale hi Mera koe income nahi hua he. Pir v income tax me apna data dena padega. Ya koe C A ko milna padega. Ager ma income tax return nahi varu ta Kia mujhe income tax office se notice aasakta he.vale hi mujhe zero tax Dena he July 31 se pahele. please advise me
If your income is below 2,50,000 you don't have to file ITR and also no tax is required to be paid on that income. So there are fewer chances that Tax officer will issue you a notice to file ITR.
Suppose someone is facing loss in long term(after 3years of holding) but making profit in short term (suppose current year 20-21) Now if the loss in long term is more than short term gain then he have to pay STCG???or suppose long term loss is less than short term gain then also the amount will be write off?? Both cases are delivery based.pls reply sir
नमस्कार सर जी, सर मेरा एक बोक्रर के पास ट्रेडिंग अेकाउन्ट हैं मेरे अेकाउन्ट मे सिर्फ 67000/- बेलेंस है. और मे रोज बोक्रर के मार्जिन से 15 -20 लाख का इन्ट्रा डे मे काम करता हु. तो सर जी मेरा रोज का टर्न ओवर कैसे गिना जायेगा. कृपया सलाह देने के लिए आपसे बिनती है. मै एक सेलरी पर्सन हु.
Sir, major individuals in stock market are investor and trader at same time. request you TO give video on ITR-3, WHICH YOU HAVE ALREADY GIVEN , BUT GIVE SPECIFICALLY EXPLAINING HOW TO TAKE ADVANTAGE OF SECITION 44AD , AND GET RELIEF FROM CUMBERSOME PROCEDURE OF AUDIT. THANKS. SIR THIS WILL DEFINATELY THOUSAND OF INVESTORS AND WILL ENJOY SHARE MARKET , WITH PEACE
🔴🔴 Is Recession Coming ? - UA-cam LIVE Streaming and Q&A 👇👇 ua-cam.com/video/MGPAvS1F0rs/v-deo.html
forex is legal in india
Tata power ke 50 shares 1 saal me kitna profit de sakta hai .
@NitinBhatia , Aaj jaise aapne samjhaya waise aaj tak kisi ne bhi nahi samjhaya tha. Sab ke sab Foreign words dalke confuse karte they. Thanks Guruji.
this video cleared my doubt aboot turn over.. i thougt that total transaction is my turn over, which has exceeded 2 cr. but after this video i got to to know that its just 2 lack this year.. thanks for the video for making me fear free.
If your turnover crosses 2crore tax audit required
Great job sir.......
What u got from youtube I think that's little as compared to your devotion. Hat's off.
Secondly I admire today's slide presentation its easy to understand.
Thanks
Excellent and simple explanation of complex topic .. Thanks alot for the video
sir,
if profit is more than 6%of turnover, then audit is not applicable. but if loss is there, does audit is required??
Thank you sir.... This is really very important video... And recent videos are really good and became more simple to understand with the help of slides....
sir, in beginning of video, you say sale amount of transaction is turnover. but I read somewhere that, it is profit or loss is turnover. further turnover is always positive, whether it is profit or loss. means one has go on adding profit and loss figures of transaction
You are right, Turnover is no of shares traded multiplied by difference of buy and sell price irrespective of sign. In the video turnover will be 3000 instead of 1000. Profit is 1000.
Sir please clarify turnover in intrday as in many cases loss and profit both are added absolute to calculate turnover
Sir, what to do when my broker calculates turnover in wrong way ? I'm using Fyers and they are calculating TURNOVER in wrong way. I talked with them; but they are not agreeing that they are calculating in a wrong way. Please suggest me what to do.
Does the broker already deducts LTCG/STCG while settling a delivery trade or do we have to pay LTCG/STCG while filing ITR ?
The threshold limit of Rs 1 crore for a tax audit. mean how i can do my tax audit. if i go with all segment addation (intraday + option and future ) then it cross 1cr . what can be possible .....
Thanks for the video, cleared most of the doubts. Audit requirements in respect of turnover & other conditions info require in detailed. Also filing of ITR2 & ITR3 help require.
I shared videos on all these topics.
Ok thank you Sir, wait for vivid reply & advice. Basudhanath Das,
Total income from salary and bank FD interest is above taxable limit (Rs 7.0 lakh aprox ). TDS deducted on FD interest is reflected on 26AS. In options turnover is below 5 lakh and loss is 1.25 lakh. Wants to file ITR-3. Tax audit is necessary or not. Please guide urgently.
Sir, I am a government employee. Main pehle Intrday trading karta tha, ab main kya Karu? Mujhe nahi pata tha ki ek government employee intraday trading nahi kar Sakta.
Please help me.
Don't worry if you are not doing now.
koi govt employee intraday trading kyu nhi kar sakta hai iska vivran kaha milega
@@govtintercollege1931 same Qus....
Pease..I have questions..i am house wife and I just started to invest my saving into delivery based share trading..short term and long term both...if I i earn some profit from it then will i have to pay tax on it, if yes then how much and how? And one more question..is it compulsory to file return on demat account? Thanks , would be great help to clear doubts
Agar delivery sort team & intraday & salary ho to itr kon sa bharna chahiye or kitne persont hoga pls reply
Nitin sir please agar aap ek video banaye jismeh acche se bataye ki agar hum overseas stock buy kare to hume konsa aur kitna tax pay Karna hoga india meh...
Very nice information. Thank you sir.
7th(candelestic) video wale sir kab class me aayenge!
Sir Liquid fund me ho rahe tranction ko turnover me gina jata h ky.
No
Nitin Bhatia Sir Ky Plzz.. Aapse Bat Ho Sakti h. Plzz.. Sir bahut important h.
Sir, I do intra day trading and short term delivery based trading, my profit in intraday was 160000 and loss in delivery based buying and selling in short term is 44000 and sales value in delivery based short term is 16000000 ... do i need audit for stcg?
Hello Nitin Sir, can you please share the link for the video if you had already made any video on "how to file ITR3" for income from Salary, Intraday, Futures and Options (Intraday and Swings). If there is no video already, can you please make an effort and create one video for the same? Thanks in advance !!! Your videos really help us in the day to day activities.
Sir in option turnover loss is also added to turnover . please confirm ?
Sir,
I thank you for making such wonderful videos.
Sir, i am a government servant and because of lack of information i was indulged in intraday trading during the last financial year. I also incurred loss in that, but now I want to know should i file itr 3 and admit in there all the losses i had? Or, should i file itr 1 as i did in the past?
Sir, also let me know what are the consequences of intraday trading for a government servant?
Will i be fined for that?
Or sonething else?
I am worried thinking about any action from income tax department.
Please guide me.
If My STCG is less than 1 lac Should I HAve to Pay Tax?
Sir jo apne turnover btaya hai vo asal me net profit/loss hai agar possible ho to please intraday audit charge bta den. Audit se behtar rehta ham direct tax de saken govt ko jaise stt
Sir, thanks for your advice. Can one's STCG be taxed @15 percent even if his gross income is below 3 lac
Advance tax kaise estimate and calculate kare, iske upar video banaye
Sir, i have done trading in equity intraday and options only in FY 2018-19, So my turnover is Rs 983162 (Including both intraday & options) and overall profit is Rs 20637 (including both intraday & options).
Am i falling under audit category ?
As per information shared by you in video i am coming under audit category, but i consulted 2 CA they said no audit required. What is correct, pl. clarify if i am wrong.
Very useful information sir, thank you so much..
Agar kisi individual speculative,non speculative,short term deliveey aur long term delivery mein 10/12lakh each segment mein profit hota hai,to usko konsi ITR fill up karna chahiye??? Aur frequently trading ka koi profit limitation hai?? Kisiko 7lakh profit hua short term delivery mein usko kaise treat karna chahiye???flat 15prcnt tax?? Naki usko tax slab ke hisab se business income dikhano hoga??
how to fix "Total of Quarterly breakup in STCG 15% is less by 500" error in ITR java utility?
Sir,
Thanks for sincere efforts to explain in very simple manner.
Sir suppose maine zerodha se share bech diye or fund transfer na kiya to fir bhi tax dena padega kya
Mai govt emoloy hui maine pichle 2 mahine se lagbhag 10 lakh ki delievary base se share kharide aue sell kiya filhal muje 1 lakh ka loss chal raha hai kya stgp dena hoga kya tax lagega .total teading par tax lagta hai ya profit par please tell me sir
Need one answer.. Do we need to pay this all taxes separately or it wil be automatically deducted from profit when we sell our shares.. If need to pay separately plz tell. Thanks
sir meri 2 query h ,,,,
intraday m turnover ka jo aapne btaya suppose pure saal m humne 2 trade kiye ek m 2000 profit hua or ek m 1000 loss hua
to total turnover 2000- 1000 = 1000 hua iska mtlbb only profit hua whi turnover hoga ya fir suppose hmara loss 2000 hua or
profit 1000 hua to total turnover 2000-1000 = 1000 hi hoga means dono situation m turnover equal hoga ...
ya hum ye kh skte h ki jo amount jyada h profit ho ya loss usme s jo km h usko minus krke jo bchega wo turnover hoga....
dusri y ki speculative income ( intraday) k turnover k according income tax slab kya kya h ...
usme max turnover kitna h jispe koi nil tax lgta h ..
if u can tell all tax slabs aapki bht meharbaani hogi shrimaan.....
Sir, What if someone doesn’t have any other income apart from stock but overall stock market income is less than 100000 in particular fiscal year... is person eligible for Tax??
Sir Retail Inventor ko Return file Karni padti hai
Sir Govt employees are not permitted to do day trading f&o. Swing trading. Margin trading. Leverage etc frequent trading even on delivery basis is not allowed. Income tax department May be unconcerned but employer will have objection
Good one !!! Can you make a revised one as per recent changes.
Is deduction from gains or losses from trading available for brokerage paid, GST, STT or other charges captured as a part of contract notes issued by broker?
Hello Sir
If we have frequent delivery trading in stock market but we have loss greater than profit then do we need to file ITR? If we need to file ITR then which one we have to fill? Please answer this query.
Sir main abhi ek bhi income tax nhi dyta tha kyu ki meri income farmer may h jo ki income tax free h
Aur meri income certificate 40 hjar rupay per year h
But ab jab hmny intraday intraday trading sy stock Market suru kiya aur hmara turn over 1.5cr aaya h ab bo tax audit Karny ko bol rhy h humy ab kya krna h
Mager hmari income tho hui he nhi h khuch mager turn over aagya h
Ab kya dhikana h humy
Ek aur baat ager hmara turn over 2cr sy jada hota h kitna bhi jaisy 5cr, 10cr ,15 cr yaa kitna bhi ho. But income khuch bhi na hui ho sab loss may he Ho ya khuh bhi ho income bilkul na hui ho tho ish may humy kya krna hoga kitna tax dyna hoga ya yh free hoga
As you said currency trading is speculative and F&O is non speculative How ? Currency me bhi toh options and futures buy kar sakate hai?
Short term capital gain 1lakh se Kam ho to kitana tax dena padega please batao
Option का loss, ITR-3 मे, bank FD interest income से setoff /write off /adjust होता है क्या |कृपया बताये |
E MARGIN TRADE -- COMES UNDER WHICH CATAGORY. Is it BTST
F&O का loss, ITR-3 मे, taxable salary income से setoff /write off /adjust होता है क्या |कृपया बताये |
Me akkk din ki trading 2 se 3 lakh ki karta hu but loss hota he 1 mahine se kar raha hu trading ajj 60 rupiye nikale he to appp ji bataiye please
Kya muze bhi income tax dena padega
Sir,, please suggest me, I have business income as 44AD and income from other sources as of FD's but loss of R's 245 from Shares, which itr must I fill , I do't interested to carry forward and set off of stc loss, Can I fill itr4.
Video is very useful for capital gainer. Sir my query is supposed I earn capital gain 50000 upto 15.03.2018 and for the purpose of save income tax I sold my some position after 16.03.2018 and get 25000 loss. Then income tax calculated on capital gain on 50000 or (50000-25000) = 25000
hi sir. if income from option is 90000 and turnover is less than 20 lacks . that is in my father account. he is age is 75. .and no other taxable income. whether Income tax filing to be done or Not. if yes in which form it need to be filed and in which head it Nedd to be declared.
sir I am govt employee I am doing intrday dong from 1year any problem sir plz make a video clear abt govt what should we have to do
You can check with your HR
bhai lag gae tumhari
भाई दुसरे के नाम पर कर ट्रेडिंग
Speculation trading is allowed for govt servants..stop doing the same
Agar future options dono.mein loss uo to turnnover _negative hoga???plz tell sir
very good informative video on income tax related various issue face by common man
Sir ek baat bata dooo.... Plzzz... Me ek government employee hu mughe 15000 ka short term gain hua hai... Toh kya mughe 15% ka tax dena hoga 15000 par..... Aur konsa form bharna hoga
Last 2 year I have fill itr sugam but in year 17.-18 I have intra day in last two months and get profit approx. 20000 and I also doing business which itr I should filled???
Sir please tell me 15 saal phele log trading ya investment kaise karte the... stock market me Bina Internet ke..???
Through physical forms.
Sir, pl.guide us What are Tax implications and exemptions available to shareholders for the following
(1) Listed co's shares De- listed in 1992 and De- merged in 2011. They issued preferance shares w.e.f. appointed date 01.01.2016. A/ L of shares were on25.11.2016.
These preferance shares were redeemed at a premium in April 2018 by the holding company which is a Pvt.ltd.company.
Pl. Guide us what are the tax implications on tbe above. Thnks.
How the investment income or loss generated under portfolio management scheme is treated and taxed where PM'S manager buys and sells equity frequently like Mutual fund
It is debatable. There is No clarity on this. You can check with your CA.
If my income zero and I earned from short term capital gain which is less then one lakh, then I can fill itr
Video is very useful for capital gainer. Sir my query is supposed I earn capital gain 50000 upto 15.03.2018 and for the purpose of save income tax I sold my some position and get 25000 loss. Then income tax calculated on capital gain on 50000 or (50000-25000) = 25000
hi nitin bhatia ji. I am a pensioner of 60 years age and earning Rs.4.80 lacs p.a. and recently i have been doing intra day trades. pls once again clarify the following query. I have sold SBI 15000 shares [various timings in a day] @ 214 one day and bought the 15000 shares @ 212 and another day i sold 9000 SBI shares [various timings in a day] @ 208 and bought the same
9000 Sbi shares at the end of the day @ 207. What could of my turnover total in these two cases in calculating the Annual turnover of Rs.2 crores for Tax Audit purpose. and What is Absolute Profit total in these two cases. Is it the total diff. betwen sellinng price and buying price [positive] multiplied by no. of shares?. What is the turnover in these to cases to calculate the annual turnover. Please answer. Thank you.
Superb!!! Hats off to you Nitin Ji
Very nicely explained sir. Excellent video from my point of view.
sir, you say profit 2000 and loss 1000 , so net turnover would be net 1000. but I UNDERSTAND THAT ACTUAL TURNOVER WILL BE 3000.MEANS WHETHER THERE IS PROFIT OR LOSS, FOR CALCULATING TURNOVER , PRIOFIT AND LOSS TO BE ADDED. PLEASE CONFIRM, THE CORRECTNESS. I READ IT ON ZERODHA VERSITY
I need to pay stcg tax seperately or it will be auto deducted from my trading account??
can I consider demat account charges in expeniture? and subtract this from profit while showing in ITR (like 300rs. in zerodha account).
Yes
Nice video sir. But my question is, how do I carry forward loss in share market please suggest and which ITR need to file?
सर हम एक स्माल बिज़नसमेन हैं, और अभी तक ITR-4 फ़ाइल करते आ रहे हैं, लेकिन मैं साइड से INTRADAY ट्रेडिंग भी KARTA हूँ, तो कौन सा ITR फ़ाइल करे
Hi Nitin. What if our losses are more than profit what is the criteria
I have proprietor business and I do options trading thru personal account, and take the profit in business, so which ITR i have to file.
This video was very useful for me. Thank you sir.
In my opinion, ITR-3
Hi Nitin bhai The SBI Shares sold and purchased in two cases of 15000 and 9000 are on the same day only. Pls let me know the turnover for calculation of Rs.2 crores
Sir can we carry forward speculative and non specilative losses to next financial year
Your video on taxation is quite informative. I have got three questions. Q1- Whether earnings from FNO intraday tradings of Indices (Nifty & Bank nifty) will be considered as Non-speculative business income. Q2- Whether intraday tradings in stocks will be considered as Speculative business income? Q3- Whether TAX AUDIT is mandatory even if either of three criteria is applicable? I have incurred a loss of 1.2 lakhs in FNO trades (Stocks & indices) but, total turnover works out around 36 lakhs. Whether tax audit is required to be done?. --Regards.
Sir, bank account bta do please Konsa sahi rhega... Mera daily charge lg rha hai
Sir, can you please tell me how to pay tax on income earned from binary option trading? Seems this kind of trading is more like winning from betting.
Share market par Kitna profit hone ke bad tax return file karna jaruri hota hai?
If my income is 5 lac and I invest 1 lax in intraday and earn 4 lac as profit, then what is my total income - is it 10 lac or 11 lac.
Another question is - if I don’t withdraw my intraday per year would I be taxed twice next year or on new earned profit
Five plus four total 9lakh,if you not file or not paid tax chances of getting notice from it dept
मेरा प्रश्न आपसे ये है की यदि जैसे मैंने आइडिया के 10000 शेयर ₹5 के भाव में लिए तो मैंने ₹50000 की डिलीवरी उठाई ।
अब करीब 6 महीने तक मैं इंन शेयरो की डिलीवरी रखे रहा परंतु मैं डिलीवरी बेसड इंट्राडे करता हूं प्रतिदिन करता हूं ,
यानी इन 10000 शेयरो को हर दिन बेचकर खरीद ता हूं ,तो क्या ये इंट्राडे में गिना जाएगा या डिलीवरी मे ?
In non-speculative business income from equity, business expenses given exempted like normal business or not? Expenses like office expenses include electricity, mobile, telephone bill, petrol bill, day to day tea expenses, any new facility purchased for office like personal computer, laptop or router or air conditioning exempted or given depreciation?? In short non-speculative business is same like other firms profit & loss account or different?? Thanks in advance
Sir govt employees ki wife intraday trading ya positional trading kre to us employees ki job per kuchh effect padega ya nhi??? & Wife is not a govt employees ....please explain me sir
Kuch Nehi Hoga.... aap aapke Wife k ac se kar sakte intraday....
Haha log kuch na kuch tareeke dhund hi nikal leta hai😂
Wt do u mean dear?
Income source of wife Hona chahiye
Future and option segment se hone wale heavy profit ko tax dene se kaise bachey...hope u reply
primary income from salary and second working in future and option. in this case Which form of Itr would be filed
Itr-3
sir agar non-salaried person sirf delivery based trading kar raha ho toh woh capital gains hoga yah business income. aur isme tax ltcg-stcg ke hisab se barna hoga ya ki income tax slab ke hisab se. sir ye doubt mujhe bahut dino se hai
Thank u for posting such a informative video, Can u tell plz the business code in ITR 3 form for profits from futures trading in f&o segment in stock market
Sir, me ek beginner hu stock market me or har mahine 1000 Tak investement karsakta hu long term ke liye. Per mene intraday v Kia hua he chota amount se (using another brocker platform) me abtak koe v delivery stock bechi nahi he, na hi me f&o trade karta hu.
Sir, Kia mujhe income tax Varna padega vale hi Mera koe income nahi hua he. Pir v income tax me apna data dena padega. Ya koe C A ko milna padega.
Ager ma income tax return nahi varu ta Kia mujhe income tax office se notice aasakta he.vale hi mujhe zero tax Dena he July 31 se pahele.
please advise me
If your income is below 2,50,000 you don't have to file ITR and also no tax is required to be paid on that income. So there are fewer chances that Tax officer will issue you a notice to file ITR.
sir i am a student and earning just 100-200 rs via short term trading paying stt also will i need to file itr?
Waw excellent information. I got answers for all my query.
Thanks please can you guide us how to fill up ITR3
Thank you sir. Very informative. Sir can you please tell, the provision regarding LTCG and STCG, is related to which AY?
Suppose someone is facing loss in long term(after 3years of holding) but making profit in short term (suppose current year 20-21)
Now if the loss in long term is more than short term gain then he have to pay STCG???or suppose long term loss is less than short term gain then also the amount will be write off??
Both cases are delivery based.pls reply sir
Very informative video....
Is stcg has to be paid for short term MF and how to pay STCG tax
In ITR declare STCG and you can pay self assessment tax.
sir me agar 50k se 5 lakh banaya trading karke or withdraw nehi kiya or bad me witbdraw karta hu to mujhe kese tax pay karna hoga
Sirji,
Intraday,f&0 trading me 2017-18 me kiya huaa loss agar 2018-19 me profits kiya to Kya ITR 2018-19 me written kar shakte hai ?
Thank you Sir.VERY VERY INFORMATIVE INFORMATION .
नमस्कार सर जी,
सर मेरा एक बोक्रर के पास ट्रेडिंग अेकाउन्ट हैं मेरे अेकाउन्ट मे सिर्फ 67000/- बेलेंस है. और मे रोज बोक्रर के मार्जिन से 15 -20 लाख का इन्ट्रा डे मे काम करता हु.
तो सर जी मेरा रोज का टर्न ओवर कैसे गिना जायेगा. कृपया सलाह देने के लिए आपसे बिनती है.
मै एक सेलरी पर्सन हु.
Sir, major individuals in stock market are investor and trader at same time. request you TO give video on ITR-3, WHICH YOU HAVE ALREADY GIVEN , BUT GIVE SPECIFICALLY EXPLAINING HOW TO TAKE ADVANTAGE OF SECITION 44AD , AND GET RELIEF FROM CUMBERSOME PROCEDURE OF AUDIT. THANKS. SIR THIS WILL DEFINATELY THOUSAND OF INVESTORS AND WILL ENJOY SHARE MARKET , WITH PEACE
Can we adjust short term loss with Income from other Non speculative income like Profit from F&O.
Great information Nitin Bhai... Keep it up.. well done... Thank You, God Bless You !!