We have 5 steps. Step 1: Decide on the issues the agreement should cover. Step 2: Identify the interests of shareholders. Step 3: Identify shareholder value. Step 4: Identify who will make decisions - shareholders or directors. Step 5: Decide how voting power of shareholders should add up.
To verify the beneficiary details, follow these steps: Click on the link received in the mail. Enter the sender's PAN and Demat Account No. The demat account number is the 16-digit ID. Click on Submit. Tick on the beneficiary details and click on Generate OTP. Enter the OTP and click on Accept. Click on OK.
Equity Shares = Equity Capital / Face Value per Share For example, if a company generates ₹5,00,000 from shares with a face value of ₹10, the calculation is 5,00,000/10, yielding 50,000 equity shares. This metric signifies the total ownership units issued by the company.
Step 1: Go to the e-filing portal > File ITR > Select assessment year (AY 2024-25) > Select ITR form (ITR-3 for trading income). Note, if you have just capital gains on sale of equity shares and mutual funds, you need to select ITR-2. Step 2: Select the reason for filing the ITR and proceed.
Step 1: Select Income Tax Returns from 'e-File', and then click on 'Income Tax Returns' and select 'File Income Tax Returns'. Step 2: You need to select the assessment year, for instance, 2024-2025, and select 'Online' as the mode of filing. Step 3: Next, select the form type (ITR-2) after choosing the status.
Obtain a Tax Residency Certificate (TRC) A TRC is essential to claim DTAA benefits. It is issued by the tax authorities of the country where the NRI resides. For instance, if you are an NRI residing in the US, you must obtain a TRC from the Internal Revenue Service (IRS).
As per the DTAA, if interest income arises in India and the amount belongs to a US Resident, then the said amount shall be taxable in the US. However, such interest may be liable to tax in India as per the Indian Income Tax Act (ie the contracting state where the interest has arisen).
Yes, All traders in the derivative segment have to file their income tax return disclosing the transaction under the Business income.