Quicko Meet Premium Plans Questions

Taxation
1

Hi @Quicko , I am looking to buy the Meet@Quicko plan for “ITR for F&O And Intraday Traders”

I am looking for CA that is an expert in handling taxation around intraday trades.

How do I know which CA will I get assigned? This post is also for any professional Chartered Accountant to get in touch with me by sharing their contact information so that I can avail their services.

I am looking for a long term relationship, and will be availing your services for years to come if there is a good match.

These are some questions that I will be asking:

All of my income has come from intraday trading and short term gains. Now questions:

  1. Why does AIS information about sale of securities differ from Zerodha’s tax document of short term trades? Does ITR needs to match up with AIS ideally to ensure no issues in future?

  2. Why do some shares on sale shows 0 in cost of acquisition in AIS? They are not bonus issued or split, but instead FPO from previous FY. Example: Vodafone Idea

  3. How should I show my STCG? As business income or STCG? Ask of implications for the future? Also the implications it may have on the business turnover because intraday turnover is calculated on absolute profits and losses.

  4. How should I show my BTST trades? Again same questions applies as above.

  5. Will you show trades/settlements tradewise or scrip wise? What difference does each make?

  6. Do you show/upload every intraday trade to ITR? How does it work? or do you just upload the computation?

  7. Should I pick the old tax regime or new tax regime? What is Form 10-IEA and how does that work? How does Rebate u/s 87a works? What are the future implications of choosing?

  8. What kind of expenses can I show to offset profits? And then do I need to record the book of accounts for showing those expenses? Like receipts and all?

  9. How does Balance Sheet works? Do I need to list all of my mutual fund investments? stock holdings? and more? What about liabilities?

  10. Do I need to list out bank balances? Or any other information? Are there any questions that I should be asking? Am I missing on something?

Thanks. If there is any CA partnered with Quicko, just refer me your contact information and answer some of the questions so that I can assign my plan purchase with you as my consultant.