Re: [aurangabad_ca] Query of Shares not show in Earlier Balance Sheets
Dear Member
Nothing to worry. The assessee might be having the supporting for the purchase of shares and for the payments made for acquiring the same and also for the sale of shares. The same be included in the computation of Income and taxes be paid ( presumed that the sale results for income from capital gains)
regards
G.S.Sarma
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http:/amrassg.blogspot.com
On Thu, Feb 25, 2010 at 1:33 PM, ALPESH+DEVESH=A. D. ASSOCIATES <adassociates2004@yahoo.com > wrote:
CA. ALPESH SHAH + CA. DEVESH PARIKH = A.D.ASSOCIATESChartered Accountants205, Apollo Shopping Centre,Above Siddharth Hospital,Station Road,Virar(w).
--- On Wed, 2/24/10, Tarun Sampat <tarun_sampat@hotmail.com > wrote:
From: Tarun Sampat <tarun_sampat@hotmail.com >
Subject: General Query
To: "DEVESH PARIKH" <adassociates2004@yahoo.com >
Cc: "Akshay Bhandari" <akshaybhandari.ca @gmail.com>, "Sushant Bhavsar" <sushant_bhavsar@yahoo.com >, "meghna dattani" <cameghna@gmail.com >, "Ketan Dattani" <ketanpd@rediffmail.com >, "pramod dhamankar" <pramodpdc@rediffmail.com >, "Rajesh Dube" <rajeshbdube@rediffmail. >, "Amol Fegde" <amolfegde@rediffmaicom l.com >, "Lavji Gopani" <lavji.gopani@gmail.com >, "Bala Iyer" <bala_as31@rediffmail.com >
Date: Wednesday, February 24, 2010, 8:22 PM
Tarun Sampat has sent you a message.
Date: 2/24/2010
Subject: General Query
Hi,
I have one query, if you have time then please reply
If an assessee has purchased shares before 6 years and not accounted in books of accounts, but suddenly in this year he sold out all his shares and earned nearly 25 lacs as capital gain.
My question is how to deal with such situation?
Regards
CA Tarun SampatDon't want to receive e-mail notifications? Adjust your message settings.
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AURANGABAD_CA is a Yahoo Group for the benefit of CA and other professional. It is especially meant for written discussion within group members and circulate the information among its members. The mail may contain such research/advice/opinion/information/fact provided by any member or moderator and every contain of the mail or information of yahoo is always subject to the Accuracy and of the description of facts.
The Aurangabad_CA , its moderator/owner do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant fact(s).
Considering all above facts m the transaction based on above mail may not complete without confirming proper statue/authority/person. Therefore any action/transaction taken on basis of this mail do not imply the accuracy or value . Further this Group's Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Yahoo Group.
For Seeking any Clarification you may mail only to Group Moderator on
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