Filing of itr-4 for speculation and f&o income


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 June 2012 I have speculation income from shares trading and F&O loss I am unable to understand where should I show this Income and loss in ITR 4 form . Please advise.

30 June 2012 First of all, intra day trading in shares and trading in F&O is NOT speculative business.

It is NON-SPECULATIVE business.

It is treated as ordinary business and will be shown accordingly.


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