TAXATION for Trading Income - Intraday, F&O, Long-Term,...
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- čas přidán 1. 06. 2020
- Taxation for your Trading Income - Futures & Options Trading, Long Term Capital Gain Tax, etc, explained by market expert P R Sundar.
Open your Trading & Demat account here: zerodha.com/open-account?c=ZM...
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Current Workshop Schedule: None, paused due to Coronavirus Outbreak.
For Registration: Contact 044-42876755 (Mon-Fri 9AM-5PM) or 07305646075 (Mon-Sun 9AM-9PM) - Phonecalls will not be answered until the Coronavirus issue subsides.
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Topics covered in this video:
- Taxation for Trading
- Long Term Capital Gain Tax
- Business Income vs Personal Income
- Is trading on company account better?
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#Taxation
After introducing STT , there is no need for capital gains tax.
Govt must be generous to give up personal income tax.
I will happy to receive income tax notice if I had profit, I will frame that notice in my house to show my fellow traders that I made profit
But u can stil receive notice even when you are in net loss but did not file ur tax returns...only after filing u can claim that u are in net loss
Worth is hidden
Easiest and comprehensive explanation of such a difficult subject in such fluidity , respect to the excellence of your teaching instinct. .. 🙏🙏
Very well explained. Clarity of mind and very good diction makes watching your videos enjoyable. I’m not making profit but was interested in hearing what you have to say. Cheers!
Most needed video. You are real gem, knowledgeable still humble.
Very insightful information sir, after paying also we won't get such a great information. Hats off to you sir. Appreciate your efforts. Keep up the good work. Thanks
This video has brought out the Teacher in you. Thanks for explaining in a layman's language.
I have been searching for this type of descriptive and useful content on taxation. Thank you Sir for providing it. Makes it very clear 👌🏼🙂
Points are crystal clear, to the point, this adds edge to sir's youtube channel.
Obliged sir
Thank you so much for the video about taxation. Since many years I waited for this clarifications about taxation from someone. Thank you so much for your sharing
Sir,Your personality is similar to a very Good mathematics teacher..
He was a mathematics teacher in singapore
Had been looking for this information since long time. Thanks for this useful information which has been explained in the simplest way.
very useful , insightful information, this much clarity we won't get. Appreciate your openness to share. Keep up the good work. Thanks
Making it look simple is the mark of masters. Whatever you explain பசு மரத்து ஆணி போல உள்ளத்தில் பதிக்கிறது, Thank you sir.
I laughed long time ,make profits first and then think about TAX,
I trade from long time and never make profits for complete FY
Individual investors are better to invest in mutual funds,
@@JKInvestments even mutual funds makes loss.
how ?? Then we cant learn and make profit trading even after years of experience?? ..... what about 15% month from trading??
@@kiran-yz8io No one earns from trading. Stop becoming fools focus on your job
@@singhss2820 ya man i made mistake by leavinv job 2 years back ... now i became lazy and lost lots of money 3 lacks in 2 years
Thanks for switching back to old setup, voice and presentation is very clear. Good information as well.
Very informative video, Thanks for clarifying taxation part
Explained very Clearly, Just like a good Teacher. Thanks
Excellent presentation. Thank you so much Mr.Sundar.
Fantastic video.. thank you.. just a suggestion.. please see if you display key numbers on the screen when you are talking.. like flashing numbers of cash market tax rates short term..long term.. it might make the video more engaging
Thanks a lot sir. Taxation you tube is of great help and really eye opener for many of us.
Very good, informative and summarized. Thank you sir.
Really good video sir.. Thanks for taking time out to make it.. Appreciate it..
For set off and carry forward of losses It's 8 years sir. MAT has been slashed to 15% recently in September sir. You can take profits out of the company as managerial remuneration sir. There is one more method for computation of taxes for F&O Income sir. This applies for people whose turnover is up to 2 crores. This is a presumptive scheme comes under section 44 AD of Income Tax act 1961. In this method your income will be 6% of your turnover and on this income we have to compute slab rates ad assess our tax. Here turnover is the premium which you have collected sir. This method under section 44 AD is the most beneficial tax planning sir.
Great idea
I was very impressed with your answer ! I had never thought of linking 44AD with F&O income !
However, if you ever get caught up in a scrutiny you'll have to justify expenses for more than 94% (100%-6%) of your income. Failure to do so will attract a tax rate as deemed fit by the AO. (Although no books of accounts are to be maintained under 44AD, your bank account is still considered for calculating income and expenses). You can challenge the AO's order but that is a very long and tedious job !
@@kirman619Can you please reply, how expense % of total profit as expense would be safer to show if using 44AD taxation,
Thanks for your reply
I think premium is not considered as turnover.. please recheck
@@pawanjaiswal1155 For all the options you sell and are in your favour the premium itself considered as Turnover Whereas if you buy options the difference of buy value and sell value will be your turnover.
Simple and super detailed information as usual... Thanks a lot for all the information...
Excellent speech. Thanks for sharing your knowledge and experience.
Superb! Very useful information for me. Thank you.
அருமையான விளக்கம்..this I am searching for long time
Sir, thanks for listening to feedback, today video was best, loads of good info clearly explained, god bless you sir
Thanks for the clarification. Good work.
Great information thanks..!! Searching for a long time.
Sir, many many thanks for this video and its great knowledge.
Thanks for this information. Now i understand this properly.
Very crystal clear explanation about taxation..thank you so much sir..
Great information, like the way you have covered all aspects of trading company also.
Thank u sir! Very much informative and very easy to understand at first time itself
Very much helpful to boost knowledge. Thanks
Very Useful video Sir 🙏👏 , Thanks Sir for making video on Taxation.
Thanks alot sir! Setting up a family company right away!!
Very helpful video sir. Please share your knowledge in the basics of F&O.
You explained everything in simple words, thanks sir.
Very knowledgeable explanation. Thank You.
Excellent clarifications . Thank you sir.
I knew it your accent was tamil and i found your other channel. Great content sir I'm following you for more knowledge
Amazing information sir!
Thank you !!!
Thank you so much for the clarification.
Very important topic thank you Sir for explaining the insights.. 🙏🙏🙏🙏🙏🙏🙏
Sir, a very informative video. Great Work.
Very good video 👍🏼 Useful information.
Very unique subject video.. Thank you sir
Very useful information Sir. Thankyou for sharing the same.
Beautifully explained sir, thank you 😊
Great video Sir. Very useful knowledge
Nicely explained thumbs up !!!!
Very good explanation sir, you are a born teacher..I kindly request you to make videos on options series , strategy, and how to save the capital first than losing
I have searched for this topic in many places in internet, But no one else have elaborated in such detail like you sir. Thankyou so much for sharing your knowledge with us. We everyone have huge respect on you. Keep posting more videos. I am Subash, one of your fan follower.
I am into trading business for the first time, As i made profit and wanted to pay tax but it was very confusing sir. But now i am very much clear with your explanations. Your trading tips and tricks really helped me achieving my profit. I wish to have you as my mentor sir. Thankyou so much for all your contributions to us via this channel.
I am really sorry for spamming this comment section sir, I really don't knw how to express my gratitude.
Good clear explanation . Better than any CA.
Sir, This is indeed very informative video ..thank you sir..
GREAT, great. Thanks a lot.
Thank you so much sir for such a valuable information.
Sir, thank you very much and this really needed
Thanks for lot of information about taxation for trading community 🙏🏿
Useful information .Thanks a lot.
Sir u r helping traders community...... by sharing u r knowledge and u r experience... thank u
Highly informative video, one of the best! Thank you so much. Long live PR SUNDAR.
Sir bahut badiya knowledge video hai .thnk u so much for such information
Great video. I had knowledge about the Individual taxation but not had the Knowledge of Corporate thanks.
Which i was finding ?
Thanks to let me know.
Thanks Sir, Very good explain & advice.
Thank u sir, u r only person cleared my doubt...
Clear explanation. Thank you sir
Thanks Sir - Valuable inputs
Awesome sir, thank you so much sir...
Very much informative,thank you sir.
Useful information . Thank you
I am seeing your videos regularly. Thank you.
Thank you so much. It was very usefull.
Excellent explanation on taxation of trading income. Please also make a video on calculation of TURNOVER for Intraday, F&O, Delivery. Audit report under Income Tax is necessary if it exceeds the turnover.
Very nice explanation...Thks.
Very useful info sir. Thank you.🙏
Thank you Sir! God Bless You!!👍👌💐😇
Thank u very much sir for clearing this doubt
Thank you Sir for nice explanation this is really very helpful
Good information sir. Thanks for update
Thanks sir. Very useful information 🙏
Thank you for making these videos
Informative content...👍
This was very much required information. Thank you very much for making this video
Very simple trick to.teach Superb sir
thank you sir your exprience is too much good and it was simple also
Nice info .can you also suggest when audit is mandatory in f&o trading .
Very very Nice video sir. Thank you
Great video and help .. sir one question if we are playing option buying or future intraday means sqauring off your position on the same day you made it then that intraday option buying comes under normal tax slab or 30 prcnt flat tax is there as some people say intra option buying is 30 prcnt flat taxable ??
Hello sir, I have doubt regarding calculation of turnover. Which method of calculation of turnover should I follow for F&O trades i.e. Scrip wise or Trade wise?
Very simple and very useful info,
also a auditor not told all these things like you sir.thank you .
Sir you are encyclopaedia of Market info..... Thank you sir
i was waiting for this
Very useful information Sir...
Equity options and index options trading both are filed at same percentage or is there any difference in percentage sir ? And in intraday and long term in options what are the tax rates pls tell me sir
Where is Gain to pay taxes sir?? 😂😛
Super
Many thanks, I been tryin to find out about "can i make a living trading options?" for a while now, and I think this has helped. Have you heard people talk about - Eeyarah Mysterious Eradicator - (do a google search ) ? It is a smashing one of a kind guide for discovering how to unlock an effective options trading method to win fast minus the hard work. Ive heard some unbelievable things about it and my cousin got cool success with it.
True 🏃🏃🏃🏃🏃🏃🏃🏃hai
You gain respect from it officials
Not always. Asper IT act, you pay tax on expense too😂😂