Kindly tell me that Income from trading of shares in NSC should be considered as capital Gain or Speculation business?
Assessee has a DEMAT account and had done a lot of transactions through it.
Kindly tell me that Income from trading of shares in NSC should be considered as capital Gain or Speculation business?
Assessee has a DEMAT account and had done a lot of transactions through it.
Intra day trading will be speculation income and delivery based trading will be capital gain.
SMJ global advisors pvt ltd
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CAclubindia
