Comments for Investing for Beginners - Trading Education - Stock Trading Tips http://www.tiernans.com Learn to Trade Like a Pro Sat, 31 Jul 2010 05:27:32 +0000 http://wordpress.org/?v=2.9.1 hourly 1 Comment on how to calculate share trading income in india? by franc91 http://www.tiernans.com/trading-education/how-to-calculate-share-trading-income-in-india/comment-page-1#comment-4040 franc91 Sat, 31 Jul 2010 05:27:32 +0000 #comment-4040 Yes, it's added to your cost of stock. Yes, it’s added to your cost of stock.

]]> Comment on how to calculate share trading income in india? by manishax6in http://www.tiernans.com/trading-education/how-to-calculate-share-trading-income-in-india/comment-page-1#comment-4039 manishax6in Sat, 31 Jul 2010 05:27:29 +0000 #comment-4039 Since you are treating them as your business income and not as short term capital gain and long term capital gain you are entitled to get deduction of all the expenses from your profit. Mr dear Friend follow a simple accounting rule all the legitimate expenses incurred in earning those profit would be available as abatment. Not only those expenses if you have some office expenses these also can be claimed. PL note that the expenses shown by you can also be claimed even if you treat the profit as short term capital gain or long term capital gain Hope I have been able to reply you Since you are treating them as your business income and not as short term capital gain and long term capital gain you are entitled to get deduction of all the expenses from your profit.

Mr dear Friend follow a simple accounting rule all the legitimate expenses incurred in earning those profit would be available as abatment. Not only those expenses if you have some office expenses these also can be claimed.

PL note that the expenses shown by you can also be claimed even if you treat the profit as short term capital gain or long term capital gain

Hope I have been able to reply you

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