Diversification isn't going to remove the chance of encountering financial investment losses. Margin trading improves possibility of loss and includes the potential of a forced sale if account equity drops beneath needed degrees.
Will I be authorized any deduction for almost any expenditure incurred for investments and insurance coverage quality beneath Area 80C and 80D, if I go with presumptive taxation?
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Margin is not readily available in all account varieties. Margin buying and selling privileges are matter to Webull Fiscal, LLC overview and approval. Leverage carries a large volume of danger and is not appropriate for all buyers. Larger leverage produces greater losses from the function of adverse sector movements.
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The limit is amplified to INR 75 lakhs if the total sum acquired in cash would not exceed 5 % of the total gross receipts of such earlier yr.
No concession in payment of advance tax. Similar shall be paid in four installments According click here to conventional advance tax provisions
Any person carrying on eligible business or career underneath Part 44AD or 44AE or 44ADA and claims gain reduce when compared to the prescribed profits, is just not allowed to benefit from the aid provided for upkeep of guides of account and audit.
Taxpayers declare money in a prescribed level no matter real profits. It is relevant below Part 44AD, 44AE, and 44ADA for differing kinds of taxpayers and professions.
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