Can i consider little gain thru trading as short term gain?
This query is : Resolved
02 August 2019
I did a total of 140 transactions (70-buy, 70-sell) for intraday and made a gain of around 11000 Rs.
Is it possible to consider this gain as short term gain and pay 15 % instead of filling ITR3?
I will come under 10% bracket in taxes so i will be paying more only.
Can i file ITR2 considering this?
Is it possible to consider this gain as short term gain and pay 15 % instead of filling ITR3?
I will come under 10% bracket in taxes so i will be paying more only.
Can i file ITR2 considering this?
03 August 2019
It is not possible to consider this gain as short term gain and pay 15 % instead of filling ITR3. Consider this as speculative gain and file ITR 3.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Eway bill generation from place other than registeted
- Condonation . E-Verification of last year return .
- Rental income gst and it purpose
- GST rate and HSN code for sale of racing horses
- EPF FULL & FINAL RULES IN 2026
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
