S suru KF Rookie Feb 24, 2024 #1 Is there any possible way to create a shop act and GST for trading purpose and show all our expenses and profits or loss under business
Is there any possible way to create a shop act and GST for trading purpose and show all our expenses and profits or loss under business
A abhiver KF Ace Feb 26, 2024 #2 You don't need shop account for share trading, unless you are planning to start an investment hedge fund. Income from Future and option trading are considered as Business Incomes, so you can deduct your expenses from it , but you have to file ITR4
You don't need shop account for share trading, unless you are planning to start an investment hedge fund. Income from Future and option trading are considered as Business Incomes, so you can deduct your expenses from it , but you have to file ITR4