randomGuy Posted December 8, 2022 Share Posted December 8, 2022 FnO guys most likely would be filing itr3, could someone help me with a balance sheet query? Can I have just a separate business entity balance sheet where I would enter only the money invested in FnO ...(n not include my other personal assets like liquid cash, investments, immovable property) i heard the person need not enter personal balance sheet if income is less than 50lac... @velu @jusarrived Link to comment Share on other sites More sharing options...
velu Posted December 8, 2022 Author Share Posted December 8, 2022 18 minutes ago, randomGuy said: FnO guys most likely would be filing itr3, could someone help me with a balance sheet query? Can I have just a separate business entity balance sheet where I would enter only the money invested in FnO ...(n not include my other personal assets like liquid cash, investments, immovable property) i heard the person need not enter personal balance sheet if income is less than 50lac... @velu @jusarrived if your turnover in fno is more than 10 crore , we need todo audit .. its easy to cross that limit if you are trading regularly ie sell options worth 10 lakh and buy it back for 19 lakh .. turnover is 19 lakh kind ravishingravi and randomGuy 2 Link to comment Share on other sites More sharing options...
randomGuy Posted December 8, 2022 Share Posted December 8, 2022 10 minutes ago, velu said: if your turnover in fno is more than 10 crore , we need todo audit .. its easy to cross that limit if you are trading regularly ie sell options worth 10 lakh and buy it back for 19 lakh .. turnover is 19 lakh kind Pls help me with the balance sheet query If turnover is below 10 cr. ... Link to comment Share on other sites More sharing options...
velu Posted December 8, 2022 Author Share Posted December 8, 2022 11 hours ago, randomGuy said: Pls help me with the balance sheet query If turnover is below 10 cr. ... You dont show profits Incase IT dept reports , pay fine with interest Link to comment Share on other sites More sharing options...
randomGuy Posted December 9, 2022 Share Posted December 9, 2022 10 hours ago, velu said: You dont show profits Incase IT dept reports , pay fine with interest I understand you are joking ...but i file itr 2 as i don't do FnO...if I do FnO, i have to file itr 3 n make balance sheet... before filing, one has to have the knowledge of what is required... Link to comment Share on other sites More sharing options...
diga Posted May 26 Share Posted May 26 All AI stocks are booming... (NVIDIA , Marvell all up 25% in last 2-3 days). Any Indian companies ? Link to comment Share on other sites More sharing options...
Nikhil_cric Posted June 5 Share Posted June 5 On 5/26/2023 at 8:54 PM, diga said: All AI stocks are booming... (NVIDIA , Marvell all up 25% in last 2-3 days). Any Indian companies ? What are Indian AI companies ? Are FIIs/FPIs buying them in bulk? If not there is no point even thinking of buying them. Link to comment Share on other sites More sharing options...
diga Posted June 5 Share Posted June 5 1 hour ago, Nikhil_cric said: What are Indian AI companies ? Are FIIs/FPIs buying them in bulk? If not there is no point even thinking of buying them. Not exactly pureplay AI semicon vendors like Nvidia or Marvell... I meant design houses /service companies who are actively working on AI. If I had big bucks, I would have invested in some startups, Link to comment Share on other sites More sharing options...
Lord Posted June 5 Share Posted June 5 Looking to start investing/trading as a side income. Any sources where I can learn how to analyse stuff etc. Link to comment Share on other sites More sharing options...
bharathh Posted June 6 Share Posted June 6 6 hours ago, Lord said: Looking to start investing/trading as a side income. Any sources where I can learn how to analyse stuff etc. Chatgpt is the way to go Link to comment Share on other sites More sharing options...
diga Posted September 8 Share Posted September 8 (edited) Why are the defence & space technology related stocks soaring high? Any useful articles .. @velu ... Edited September 8 by diga Link to comment Share on other sites More sharing options...
velu Posted September 10 Author Share Posted September 10 On 9/8/2023 at 10:43 AM, diga said: Why are the defence & space technology related stocks soaring high? Any useful articles .. @velu ... dont know the specifics .. all psu stocks went up like crazy bhel 30% up in 1 month pfc , recltd as well diga 1 Link to comment Share on other sites More sharing options...
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