Day Trading Stocks & Futures

[siddhant4u]

RBL Bank corrected close to 25% from the top. Any good news in this stock?

couldn't find any thing. Either insider info got leaked, or just managing stock to buy at cheap

 

[siddhant4u]

RBL Bank corrected close to 25% from the top. Any good news in this stock?

huge qty even greater 'deliverable qty'

 

[TraderRavi]

seems double top in crude around 4170

 

[Riskyman]

huge qty even greater 'deliverable qty'

Thanks. I looked around too but couldnt find anything. I always thought it was over bought and due for a good correction but sadly didn't focus on it at all. Missed all the moves.
Think it should hold 550 levels and if puts a base there then maybe a good thing to consider some longs for a few % upmove. Lets see where it stops.

 

[Riskyman]

seems double top in crude around 4170

Im looking for 58.60 usd. Cmp 59.60. So 1 usd move means about 68-70 points on mcx i.e 4025-4030.
Today/tomorrow maybe?

 

[sridhga]

where is the comparison between payout from broker and a gift from spouse. Funds with broker are sent from my registered bank accounts and those funds are post taxed income and sources are audited.

My query is different. It is not about TAX part. I am just asking on the reporting part especially when source of funds in not accounted. So from your explanation can I assume that a Cash Gift from spouse does not fall under Income of any kind and hence I can choose not to report it to IT. Because 5 lakhs is not a small amount.

I am asking this because if I have 20 lakhs unaccounted money, can I route it in the form of Gift from spouse or parents. If IT exempts me from reporting the gifts received I can easily convert this money. Is this good idea.

See, I do not support evasion of Income taxes. What do you mean by source of funds are not accounted? Did you mean that the funds are tax evaded? Declare all such income with the correct source under the correct head of income and pay Income Tax. Period.
No second thoughts about this. Nothing else is going to help you.

Our army Jawans are working in bitter cold on the borders for meager salaries.
It is extremely rude and selfish behaviour to evade taxes.
Even many religions do not support tax evasion.
Hinduism says that illegally gained money if used for charity to temple does not give any relief and God does not accept such money as offering. Look at the poor people around us. They need education and welfare. I am happy to pay my taxes when I have matching income. If you are earning Rs. 100 you are just paying a fraction of it into the welfare of the poor, army etc as taxes. Not paying this is greedy and disgusting.

 

[TraderRavi]

Im looking for 58.60 usd. Cmp 59.60. So 1 usd move means about 68-70 points on mcx i.e 4025-4030.
Today/tomorrow maybe?

thats for swing traders , abhi to 59.20 bhi mushkil lag raha hai.
waise I will be happy 59 aaj hi aa jaaye toh
edit - got out with 21 points.

 

[Riskyman]

thats for swing traders , abhi to 59.20 bhi mushkil lag raha hai.
waise I will be happy 59 aaj hi aa jaaye toh

No bhai. No swing needed. Just need a move of less than 2% to the downside from 59.40 should get us to 58.6
2% move tho crude ke liye normal move hai.

 

[TraderRavi]

while adding stocks in nest MW message coming subscription failed , no exceeds 30, while there are only 5 stocks in this MW.

 

[mohan.sic]

See, I do not support evasion of Income taxes. What do you mean by source of funds are not accounted? Did you mean that the funds are tax evaded? Declare all such income with the correct source under the correct head of income and pay Income Tax. Period.
No second thoughts about this. Nothing else is going to help you.

Our army Jawans are working in bitter cold on the borders for meager salaries.
It is extremely rude and selfish behaviour to evade taxes.
Even many religions do not support tax evasion.
Hinduism says that illegally gained money if used for charity to temple does not give any relief and God does not accept such money as offering. Look at the poor people around us. They need education and welfare. I am happy to pay my taxes when I have matching income. If you are earning Rs. 100 you are just paying a fraction of it into the welfare of the poor, army etc as taxes. Not paying this is greedy and disgusting.

First of all, You Said there is no need to report the gifted cash. So i am pointing out a flaw I felt in that statement by asking you a possible scenario that can happen( I may be wrong. I am not a accountant ) So please answer on that context of such possibilities or enlighten me technically how my question is wrong. I will learn from you. You said you are a CA. I know.

Please do not lecture anyone on evading taxes and please do not bring Jawan and religion etc etc things what you said in your post. That's unnecessary...right ? It's not just about me. You have absolutely no business to teach and lecture anyone especially when you do not know anything about the other person.

I know it may hurt you. I am sorry for that. But i must react here. Because you have un wantedly used the words greedy and disgusting at me.

You can ask me and should have waited for my reply on what I called as unaccounted money. If my understanding is wrong, as a CA you can correct me on that. But you choose to throw comments.