Comment on Taxation Simplified

hafiz commented on 27 Feb 2014, 10:39 AM

Thanks sir for your immediate reply..
Please make it more clear
I have done 3 trades of delivery based in equities in full year and their volume turnover was 1 crore in fy13/14 and futures stocks I have done 11 trades in fy13/14 and the volume turnover was 6.5 crores..
In future stocks I have earned 3lakhs and in delivery I have earned 8 lakhs..
So have revealed every trade above
Please tell me should I file returns and show myself as trader for all trades and fall in normal tax slab or I have file different for delivery based trades whose delivery time was 1-3 months..

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