Hi..
I have started day trading off late.I'm trading using my dad's demat account since i don't have any address proof as of now to be able to apply for a Pan card or demat account.
So let me put my query...are we only supposed to pay TDS for the profit we earn from trading??? or even Volume of trading is taken into account since on an average my volume of trading in a day would be nearly 2 lac Rupees..I haven't earned much profit to talk about.
And i have a off topic question too...Would Government University ID card suffix to apply for PAN card and Demat account??? I have applied for Voter ID card from 3 months but there is no response yet.
I have started day trading off late.I'm trading using my dad's demat account since i don't have any address proof as of now to be able to apply for a Pan card or demat account.
So let me put my query...are we only supposed to pay TDS for the profit we earn from trading??? or even Volume of trading is taken into account since on an average my volume of trading in a day would be nearly 2 lac Rupees..I haven't earned much profit to talk about.
And i have a off topic question too...Would Government University ID card suffix to apply for PAN card and Demat account??? I have applied for Voter ID card from 3 months but there is no response yet.