Comment on Taxation Simplified

Nithin Kamath commented on 22 Feb 2014, 02:10 PM

You will have a PL statement from the broker, so you just have to follow book keeping, which is basically make a note of credits/debits on your bank statements and for what purpose it is, if it is for the purpose of trading, make sure you keep a receipt of it, so that you can claim them as an expense and have it as a proof if questioned tomorrow.

It is actually a very simple process.

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