23.11.2014 Views

Taxability of Share Market Transactions

Taxability of Share Market Transactions

Taxability of Share Market Transactions

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Issues to be addressed<br />

• Effect <strong>of</strong> loss under different situations:<br />

– Speculation<br />

– Investment<br />

– Business<br />

– F&O transaction<br />

• Classification <strong>of</strong> income<br />

• Dividend<br />

• Expenditure for earning dividend<br />

• Period <strong>of</strong> holding to be construed from the date <strong>of</strong><br />

allotment <strong>of</strong> shares: effect there<strong>of</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!