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Fundamental Analysis of Stocks

Definition of Fundamental Analysis

Fundamental analysis of stocks is defined as the practice of examining the fundamentals of an organization in order to determine if a business has turned out to be a good investment. Fundamental analysis aims are answering questions related to the business finance and capital investment, such as “what are the probabilities that this business investment is going to fail or become bankrupt” and “how sure can a portfolio manager be that the stock continues to pay dividends?” In other words, fundamental analysis involves detailed study in regards to financial statements like the balance sheet. It is considered as a complete contrast to technical analysis of stocks.… Read the rest

Abey Francis

Difference between Fundamental and Technical Analysis

While analyzing price movement, forex trade uses two primary types of analysis. Those concentrating on price movement and neglect other factors choose to guide their efforts at enhancing their skills at technical analysis, whereas traders preferring to examine the economic events which cause the market action mainly throw light on their efforts in analyzing fundamental analysis.

Most traders wish to mix the information supplied by these two kinds of analysis in order to generate accurate trading signals. Others focus on one aspect of analysis and discard the other type from the computations, and yet it can be said that either of the approaches can be valid with respect to the circumstances.… Read the rest

Abey Francis

Technical Analysis of Stocks

Definition of  Technical Analysis

Technical analysis is the process of utilizing past trading information and stock price trends related to a specific security, and then equating those to how other likewise investments have responded throughout history to similar patterns. Further, when a pattern is identified, the investor can predict that the future pricing of the target investment is likely to respond in a similar manner to patterns observed earlier.

Technical analysis of stocks assumes that current prices should represent all known information about the markets. Prices not only reflect intrinsic facts, they also represent human emotion and the pervasive mass psychology and mood of the moment.… Read the rest

Abey Francis

Income from Other Sources

Income from other source is a residuary head of income. Any item of income which does not fall under any other four specific heads of income is to be charged under this head.

According to sec 56(2) following incomes are chargeable under this head.

  • Dividend declared by a foreign company
  • Family pension
  • Winnings from lottery, crossword puzzles, horse race etc
  • Income from plant, machinery or furniture let out on hire where it is not the actual business of the assessee.
  • Interest from securities, bank deposits
  • Income from sub letting
  • Any other receipts which doesn’t fall under any other heads of income.
… Read the rest
Abey Francis

Income from Capital Gains

Any profits and gains arising from the transfer of a capital assets effected in the previous year shall be chargeable to income tax under the head capital gain in the PY in which the transfer took place.

It should satisfy the following conditions

  1. There should be a capital asset
  2. The capital assets should be transferred.
  3. Transfer should result in profit or gains

Capital Asset means any property of any kind held by an assessee whether or not connected with his business or profession.

                              But the following assets are not capital assets.

  1. Any stock in trade, consumable stores or raw materials held for the purpose of his business or profession.
… Read the rest
Abey Francis

Profits and Gains of Business or Profession

Meaning of Business and Profession

                              Business simply means any economic activity carried on for earning profits. According to Sec 2(3) business is “any trade, commerce, manufacture or any adventure in the nature of trade commerce and manufacture”. Any transaction with a motive of selling at profits included under this concept. It is not necessary that there should be a series of transaction in a business and it should be carried on permanently.

                            Profession is an occupation requiring purely intellectual skills or manual skills controlled by the intellectual skill of the operator. e.g. Lawyer, doctor, engineer etc.   So profession refers to those activities where the livelihood is earned by the persons through their intellectual or manual skill.… Read the rest

Abey Francis