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Income or loss from inter-day trading.

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 September 2014 IS Income or loss from inter-day trading on which stt,exchange trade charges & stamp duty paid under bse or nse is considered as speculation income / loss ?

If yes than taxable under the head ‘Profits and Gains of Business or Profession’ or under speculation business ?

27 September 2014 its considered as speculation business and taxed under Speculation Income / Loss

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 September 2014 thnak you tejas sir.






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