Phoenix Auditing

Month: June 2019

How to download Trading Statements from Zerodha?

What is Trading Statement? Trading Statement is a statement detailing the list of transaction undertaken by the person in various segments during a period. It details the date, time, segment, scrip name, buy price, sell price, quantity, buy value, sell value, turnover, profit/ loss, brokerage, taxes and other charges...

Check ITR applicability before filing Income Tax Return

What is ITR? Income Tax Returns (ITR) are forms released by income tax department in which the tax payers file information about his income and tax applicable for the financial year. The applicability of ITR forms varies depending on the sources of income of the taxpayer, the amount of...

ITR 3 for Stock Market Traders

1. What is Form ITR-3? ITR-3 is an Income Tax Return Form which is applicable for Individuals and HUFs who have income from Profits and Gains from Business or Profession. This form also covers Salary Income, House Property Income, Capital Gain and Income from other Sources. 2. Why should...