Hello,
I am a female of 23 year old.i am a housewife who does intraday trading on a regular basis.i have a few queries
1. Is this income treated as a regular income?? If yes am I exempted 2.5 lakhs?
2. Is this business income? Then can I decrease the tax by adding other charges like internet, phone, advisory charges etc.
3. What about short term trading? Am I suppose to pay a straight charge of 15 percent on that?
It would be real help if anyone can provide some examples n teach me since I am a science student.
Thank u so much.
CAclubindia
