Tag: shares

Tax Audit | Future and Options Trading

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Tax Audit - F&O Transactions

What is Tax Audit and Future and Options Trading? Tax Audit is defined under section 44AB of the Income Tax Act. Click here for the full text of this section. Future and Options Trading is also called derivative Trading. Please click here for a brief explanation. Every Trader trading in Future and options is been told to get his accounts audited before filing his Income Tax returns. I saw some traders are not filing the Income Tax returns in case of Losses & lose the benefits of carrying forward of…

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What is Share | Share Trading | Futures and Options Trading

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what is share

What is Share A Share is an instrument in the form of a Share Certificate. A Share is a Share in the Share Capital of the Company. And a person holding a Share is a Member/Stake Holder of that Company. The Shares are traded in the Share Market, viz. BSE, NSE, NYSE, etc. Company issue shares initially in Initial Public Offer (IPO) as a public offer. It is also called a Primary Market. Sometimes company requires additional share capital issue shares again. Since this issue is not a 1st-time issue…

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