General Trading Chat

[timepass]

Traders have to have a good knowledge of taxation ,income tax exemptions,return filing,advance tax payment,TDS,assessment, etc.In my early days I used to attend tax implications lectures on budget by eminent speakers like N.A.Palkhiwala,H.P.Ranina,Dinesh Vyas,Subhash Lakhotia etc which used to be held immediately after budget presentation.

In April we will get a book called Income Tax Ready Reckoner.It used to cost Rs 250 now it may be costing Rs 500 but that is a good reference for the next full year for all our income tax questions.New traders can try that book in April this year. It has wealth of information.

Smart_trade

From where can we buy this ready reckoner ?

 

[XRAY27]

From where can we buy this ready reckoner ?

TP bhai , they are two books...nabhi is for non professional and second one is best used by professionals (CA's and Income tax practitioners)..Both are available in any law house/s or you can order from Amazon..

1. Nabhi's Income Tax Guidelines & Mini Ready Reckoner

2. Direct Taxes: Ready Reckoner - V.K. Singhania

 

[wisp]

From where can we buy this ready reckoner ?

http://www.vgmehtasitrr.com/

must be available in most book stores and online stores I think.

 

[princy01]

ST sir, in ITF method for opening trade are their any stop and reverse conditions?
Thanks

What is difference between IDF and ITF please?

 

[rjshem]

What is difference between IDF and ITF please?

Nothing both r names of same method . idf was old name later it got updated to itf .

 

[vivektrader]

What is difference between IDF and ITF please?

They are same I think, IDF specifies its used for intraday only (intraday flow), same principle, the same system can be used for swing trading, (don't know the full form of ITF though)

 

[vijkris]

They are same I think, IDF specifies its used for intraday only (intraday flow), same principle, the same system can be used for swing trading, (don't know the full form of ITF though)

maybe original creator named it IDF, and later another person who rediscovered it and added few extra cosmetic changes named it ITF..

 

[wisp]

maybe original creator named it IDF, and later another person who rediscovered it and added few extra cosmetic changes named it ITF..

Saint sir himself changed it from IDF to ITF, i think ITF is intermittent flow, not sure, but all same method, definitely not an easy one to trade, needs a LOT (thousand charts may be ) of screen time and learning of every nuance, before jumping in. Otherwise, high probability of finger burning may happen for a few years just my feel.

 

[vivektrader]

Nothing both r names of same method . idf was old name later it got updated to itf .

RJ sir are there any conditions in IDF where opening trade is reversed soon after taking position?
Thanks

 

[vijkris]

Saint sir himself changed it from IDF to ITF, i think ITF is intermittent flow, not sure, but all same method, definitely not an easy one to trade, needs a LOT (thousand charts may be ) of screen time and learning of every nuance, before jumping in. Otherwise, high probability of finger burning may happen for a few years just my feel.

yupp.. even rjshem sir told that one needs to look at 1000 charts in real time, to get a grasp on the system..