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
@msyadav32464 жыл бұрын
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
@promax81973 жыл бұрын
Worth is hidden
@mychessmaster4 жыл бұрын
After introducing STT , there is no need for capital gains tax. Govt must be generous to give up personal income tax.
@atyt15174 жыл бұрын
Making it look simple is the mark of masters. Whatever you explain பசு மரத்து ஆணி போல உள்ளத்தில் பதிக்கிறது, Thank you sir.
@ravikumarGOkumar4 жыл бұрын
Sir,Your personality is similar to a very Good mathematics teacher..
@anilkutty53144 жыл бұрын
He was a mathematics teacher in singapore
@harishankar94864 жыл бұрын
This video has brought out the Teacher in you. Thanks for explaining in a layman's language.
@vibrantmediacreations43683 жыл бұрын
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.
@vibrantmediacreations43683 жыл бұрын
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.
@vibrantmediacreations43683 жыл бұрын
I am really sorry for spamming this comment section sir, I really don't knw how to express my gratitude.
@narlamaniteja10454 жыл бұрын
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.
@anildudani53714 жыл бұрын
Great idea
@kirman6194 жыл бұрын
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 !
@dhavalpatel30264 жыл бұрын
@@kirman619Can you please reply, how expense % of total profit as expense would be safer to show if using 44AD taxation, Thanks for your reply
@pawanjaiswal11554 жыл бұрын
I think premium is not considered as turnover.. please recheck
@narlamaniteja10454 жыл бұрын
@@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.
@ranjan44954 жыл бұрын
Points are crystal clear, to the point, this adds edge to sir's youtube channel. Obliged sir
@rahulingle17174 жыл бұрын
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
@shantilalpatidar45914 жыл бұрын
I laughed long time ,make profits first and then think about TAX, I trade from long time and never make profits for complete FY
@JKInvestments4 жыл бұрын
Individual investors are better to invest in mutual funds,
@digikahani4 жыл бұрын
@@JKInvestments even mutual funds makes loss.
@kiran-yz8io4 жыл бұрын
how ?? Then we cant learn and make profit trading even after years of experience?? ..... what about 15% month from trading??
@singhss28203 жыл бұрын
@@kiran-yz8io No one earns from trading. Stop becoming fools focus on your job
@kiran-yz8io3 жыл бұрын
@@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
@painkilleryogi4 жыл бұрын
Most needed video. You are real gem, knowledgeable still humble.
@Sarazwarsi4 жыл бұрын
I have been searching for this type of descriptive and useful content on taxation. Thank you Sir for providing it. Makes it very clear 👌🏼🙂
@NeerajGupta-tq6od4 жыл бұрын
Thanks for switching back to old setup, voice and presentation is very clear. Good information as well.
@SauravsFishkeeping3 жыл бұрын
Easiest and comprehensive explanation of such a difficult subject in such fluidity , respect to the excellence of your teaching instinct. .. 🙏🙏
@livetripwire4 жыл бұрын
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!
@saifk14253 жыл бұрын
Explained very Clearly, Just like a good Teacher. Thanks
@rameshkannan25004 жыл бұрын
Where is Gain to pay taxes sir?? 😂😛
@karthikeya_tulasi_71244 жыл бұрын
Super
@maicolrodriguez63454 жыл бұрын
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.
@railwaybaba4 жыл бұрын
True 🏃🏃🏃🏃🏃🏃🏃🏃hai
@commentsanitizer79293 жыл бұрын
You gain respect from it officials
@TathaastuTV3 жыл бұрын
Not always. Asper IT act, you pay tax on expense too😂😂
@sathishnagaraj72034 жыл бұрын
Had been looking for this information since long time. Thanks for this useful information which has been explained in the simplest way.
@senthilprasanna34834 жыл бұрын
அருமையான விளக்கம்..this I am searching for long time
@sagai28284 жыл бұрын
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
@peteracademy3 жыл бұрын
Excellent presentation. Thank you so much Mr.Sundar.
@shivaraml56924 жыл бұрын
Good clear explanation . Better than any CA.
@anandnarayan83014 жыл бұрын
Very informative video, Thanks for clarifying taxation part
@rounakgupta30384 жыл бұрын
Thanks alot sir! Setting up a family company right away!!
@optionguide87443 жыл бұрын
PRS " The First trader paid tax... " 😍😄 Really enjoyed....
@Himanshu-lf5qz4 жыл бұрын
I am in minus from when I started still watching it...
@rameshkannan25004 жыл бұрын
Himanshu how many years u r trading sir...
@kaif63973 жыл бұрын
And today after 7 months?
@puppytails3 жыл бұрын
Cash Market 1. Share - Sold below 1yr - short term capital gain tax which is 15% of your profit.. 2. Share Sold above one year -Long term capital gain tax -10% profit exceeding 1 lakh Future Market Income earned in futures n options is considered as business income
@vinoththala100820 күн бұрын
commoditiy tax?
@funny17063 жыл бұрын
Sir Sorry to say this Don't judge a book by its cover Just I realize now with your video Superb explain. I got suggestions of your videos many times buy i didn't watch. Sorry sir From now i have changed my mind.👍👍👍
@ng5734 жыл бұрын
Very helpful video sir. Please share your knowledge in the basics of F&O.
@balachandranramasamy17313 жыл бұрын
Excellent speech. Thanks for sharing your knowledge and experience.
@yogeshwaran28563 жыл бұрын
Clear explanation. Thank you sir
@vraoprogress35274 жыл бұрын
very useful , insightful information, this much clarity we won't get. Appreciate your openness to share. Keep up the good work. Thanks
@zoumanahmedkhan21424 жыл бұрын
Highly informative video, one of the best! Thank you so much. Long live PR SUNDAR.
@honey-ze1xv4 жыл бұрын
also a auditor not told all these things like you sir.thank you .
@revathigovindharajan42644 жыл бұрын
Thanks for the clarification. Good work.
@selvas42734 жыл бұрын
Thank u sir! Very much informative and very easy to understand at first time itself
@CriticalGamingYT143 Жыл бұрын
I knew it your accent was tamil and i found your other channel. Great content sir I'm following you for more knowledge
@madankumar-yl3jc3 жыл бұрын
Sir bahut badiya knowledge video hai .thnk u so much for such information
@raymondekka49854 жыл бұрын
Very good, informative and summarized. Thank you sir.
@atanumandal26404 жыл бұрын
Thanks for this information. Now i understand this properly.
@sharevivek4 жыл бұрын
Thank you so much for the clarification.
@vivekk81574 жыл бұрын
Several times you have recommended to trade in index options only, and not in stock options. The reason given was some difficulties in settling of stocks. Kindly advise what kind of difficulties may be experienced. Thanks.
@suryaprasanth3842 жыл бұрын
1. Stock options can be manipulative and mismanaged unlike index which are weighted averages. 2. You need high margins for stock options selling and buying too. Which increases nearer to expiry 3. I think in stock options you have to square off the position before expiry, in case of no opposite party you will forced to exercise the option which means you need to buy or sell the full lot of shares from the market.
@TECHMAJA3 жыл бұрын
Thank u very much sir for clearing this doubt
@aravindgreen4 жыл бұрын
Simple and super detailed information as usual... Thanks a lot for all the information...
@periasamyp9524 жыл бұрын
I am seeing your videos regularly. Thank you.
@kukuk55064 жыл бұрын
Sir, thanks for listening to feedback, today video was best, loads of good info clearly explained, god bless you sir
@Radhykumar3 жыл бұрын
Sir you are encyclopaedia of Market info..... Thank you sir
@pramodkrishnamurthy37074 жыл бұрын
Superb! Very useful information for me. Thank you.
@surendrakumarpillalamarri85944 жыл бұрын
Very knowledgeable explanation. Thank You.
@happyminds18074 жыл бұрын
Sir, many many thanks for this video and its great knowledge.
@Rameshsrl3 жыл бұрын
Nicely explained thumbs up !!!!
@nesamanisubramaniam54784 жыл бұрын
Thanks a lot sir. Taxation you tube is of great help and really eye opener for many of us.
@harikrishnagarikipati17293 жыл бұрын
Thank u sir, u r only person cleared my doubt...
@vinayh53554 жыл бұрын
If ur profit is “only” 10 lack. Dat dialogue is funny 😂 sir
@swyamdipta3 жыл бұрын
Everyone must write the word only after any amount in check, be it Rs. 100 or Rs, 10,00,000. The word only has mighty value. And, for people like P.R. Sundar Sir - Rs. 10 lakh is just minor amount to him, not a grand amount. And, last by not least - the term is lakh not lack.
@uttamsarkar64464 жыл бұрын
Very important topic thank you Sir for explaining the insights.. 🙏🙏🙏🙏🙏🙏🙏
@shreeraagam3 жыл бұрын
Very nicely explained ..
@binuscorpia4 жыл бұрын
Thank you so much sir for such a valuable information.
@think_green2 жыл бұрын
Thank you Sir! God Bless You!!👍👌💐😇
@divyakumbnani52944 жыл бұрын
This is for a salaried employee,he has made a F&O loss of Rs 889982 on a Derivative Turnover of Rs 16655803,Does the employee require a CA Tax Audit for filing the ITR?
@mohammedtanveer70093 жыл бұрын
Did you go for audit????
@helpingtrader68164 жыл бұрын
Sir, a very informative video. Great Work.
@srinivasakengeri99784 жыл бұрын
Sir u r helping traders community...... by sharing u r knowledge and u r experience... thank u
@santoshhegde31154 жыл бұрын
Informative Video. I can pay for this information rather than your training webinar.
@vigneshrs7414 жыл бұрын
Awesome sir, thank you so much sir...
@dd57374 жыл бұрын
Amazing information sir! Thank you !!!
@edisonoic4 жыл бұрын
Very crystal clear explanation about taxation..thank you so much sir..
@myworkplace42243 жыл бұрын
all experts tell buy this sell this buy Mr Sundar tells every aspect of atock market 👍👍👍👍
@NikhilGulati9992 жыл бұрын
Beautifully explained sir, thank you 😊
@pateldhrumil58054 жыл бұрын
Very simple trick to.teach Superb sir
@vinodg35614 жыл бұрын
Very Useful video Sir 🙏👏 , Thanks Sir for making video on Taxation.
@minawas4 жыл бұрын
Great information thanks..!! Searching for a long time.
@csthapar4 жыл бұрын
Really good video sir.. Thanks for taking time out to make it.. Appreciate it..
@diwakartravels2904 жыл бұрын
You explained everything in simple words, thanks sir.
@najurssi4 жыл бұрын
Very unique subject video.. Thank you sir
@ravindrabhanage3603 жыл бұрын
Great information, like the way you have covered all aspects of trading company also.
@rajaram40194 жыл бұрын
Thanks for lot of information about taxation for trading community 🙏🏿
@anilkinikar3 жыл бұрын
Very good video 👍🏼 Useful information.
@atishchaturvedi18474 жыл бұрын
The only good thing about losses is that you don’t have to pay taxes 🤣😆🤣
@saimurthy36803 жыл бұрын
Good explanation Sir👍
@akshayholla46524 жыл бұрын
This was very much required information. Thank you very much for making this video
@chandrasekharb19914 жыл бұрын
Sir, thank you very much and this really needed
@JasthiCS2 жыл бұрын
Great explaination. I am tired of paying the 15%. Hope this will be decreased.
@sidhantsinghi4 жыл бұрын
99 percent traders lose money but 99 percent long term investors make money. By Warren Buffett
@amkviralworld2 жыл бұрын
I have three question 1, my long term profit 98000 Rs and i am Salaried person my income per year 6 lakhs so can i IT filling 6 lakhs or 698000 2, divitend per year above 5000 rs in single stock or 3 to 5 stocks above 5000 rs eligible for tax (infy- 2000rs, Tcs-1500 rs, ITC-1500 rs) 3,if I am getting profit LTG Or STG profit amount hold in my demand account without my bank account transfer and i invest same day new stocks purchase whole money it's eligible for Tax Please answer my question.
@adityapatnaik60794 жыл бұрын
YOU ARE THE KING !
@raju50814 жыл бұрын
For those people who get income from trading as secondary source of income , what do you suggest sir?
@karandhull4 жыл бұрын
Always show your correct income in your ITR otherwise one day you will be in trouble. Some how INCOME TAX AUTHORITY will find your income either from your brokerage house data or from your bank account data.
@GN-dk1lo4 жыл бұрын
Look at the detailed comment i have given for this video. Hope that will clear you doubt, otherwise reply i will clear your doubt.
@satish07824 жыл бұрын
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
@jalajdurve3 жыл бұрын
Thank you for making these videos
@spmkpmp4 жыл бұрын
Thanks Sir - Valuable inputs
@aliksen49793 жыл бұрын
thank you sir your exprience is too much good and it was simple also
@kirubananthamg.m.47194 жыл бұрын
Sir, I like add one point that is F&O trader earn profit and loss is considered his turnover (i.e- total Profit Rs.25000+total loss 15000 his total turnover is 40,000/- then up to 2 crores we declared 6% profit as per u/s 44AD.
@InveSutra4 жыл бұрын
Very nice explanation...Thks.
@tusharbhatia9234 жыл бұрын
Very useful information Sir. Thankyou for sharing the same.
@sanjibparua52744 жыл бұрын
Thanks Sir, Very good explain & advice.
@muthureddyarunachalam94674 жыл бұрын
GREAT, great. Thanks a lot.
@krithikkumar9594 жыл бұрын
99 percent of traders loose money in market So no point of talking about tax I expected a thug life music in baground