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newa
INTRADAY TRADING LEADS TO INCOME TAX NOTICES IN INDIA
by newa on Jun 11, 2017 09:20 PM

99 PERCENT PEOPLE SUFFER LOSSES IN INTRADAY TRADING.. NOW PEOPLE HAVE STARTED GETTING INCOME TAX NOTICES FOR INTRADAY TRADING WHICH REQUIRES ONLY 10,000 TO 20,000 INVESTMENT AND BROKERS GIVE MARGIN OF TEN TIMES 1=2 LAKHS PER TRANSACTION. DAILY TURNOVER BECOMES 10-20 LAKHS AND BROKER GETS 500 TO 1000 RUPEES PER DAY AND MAHARASHTRA GOVERNMENT GETS 500 RUPPES PER PERSON PER DAY AS STT.

PERSONS TRADING WITH 10,000 TO 20,000 INVESTMENT LOOKING FOR PART TIME INCOME GET NOTICES FOR TAX FOR TRADING FOR 5 CRORES AND MANY PERSONS ARE GETTING INCOME TAX NTICES LIKE THIS.

IF THEY TAKE OUT 1 CRORES NOTICES AND ASK BRIBES FOR SETTLING THE MATTER THAY ALSO GET BRIBES OF THOUSANDS OF CRORES THAT IS WHY THEY SEND NOTICES.

SO PLEASE AVOID INTRADAY TRADING WITH INVESTMENT OF 10,000 TO 20,000 AND BETTER LOOK FOR SOME OTHER WORK BECAUSE YOU CANNOT PAY THE BRIBES AMOUNTS ASKED BY THESE PEOPLE AND YOU WILL HAVE TO HIRE AN ACCOUNTANT WHO WILL ALSO TAKE FEES FOR LOTS OF PAPERWORK.

AN INCOME TAX COMMISSIONER HAD CRORES OF PROPERTY AND PHYSICAL SHARES BUT NEVER CAUGHT CAUGHT LIKE HUNDREDS LIKE HIM BUT YOU WILL SUFFER PROBLEMS YOUR ENTIRE LIFE COLLECTING THE PROOFS OF 20,000 RUPEES AND SPENDING THOUSANDS OF HOURS AND DAY PROVING THAT YOU DID NOTHING WRONG AND INVESTED ONLY 20,000 RUPEES AND ALSO DID NOT CLAIM THE LOSS AS THERE IS NO BENEFIT SINCE YOU HAVE VERY LESS INCOME.

ALSO IF YOU HAVE VERY LITTLE SAVINGS OR SOME HUT OR SMALL PROPERTY THEY MAY ALSO TAKE IT AWAY.

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