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Discussion > Income Tax > Tax queries >

Share trading income

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CA Final

[ Scorecard : 64] 		Posted On 01 June 2012 at 14:38 Report Abuse

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.

Siddhartha Bhardwaj
Internal Auditor

[ Scorecard : 23311] 		Posted On 01 June 2012 at 15:13

Intra day trading will be speculation income and delivery based trading will be capital gain.

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