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Income Tax Retun Share Market Transcation

This query is : Resolved 
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(Querist)
23 February 2024 Sir

Please educate to me i have purchase some stocks from Share market through delivery.
I have hold it and sale after 3 Days and some time i have hold it One month. My profit and loss statement from Grow app show many transactions where i have done one Interaday Transaction . So please suggest One interadaay transaction can i show in Capital gain. As information available Interaday transaction is the part of business income. Earlier years i have filed ITR-1 income from Salary and interest from Bank.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 February 2024 No, intraday trading can't shown under capital gains.
What is the amount of the intraday transaction.
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Amandeep Singh

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Amandeep Singh (Querist)
24 February 2024 Sir, Purchase Rs.430
Sale Rs.426 Loss Rs.26/-
Only one transaction done interaday.
Rest delivery basic
So please suggest
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 February 2024 Ignore this business income, no need to include it in ITR as it's a small amount.
File ITR 2 with capital gains.
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Amandeep Singh

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Amandeep Singh (Querist)
25 February 2024 Sir, if I file ITR2 in future can I face any issues from IT department
Please suggest
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 February 2024 No issues you will face in future.
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Amandeep Singh

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Amandeep Singh (Querist)
26 February 2024 Thank you Very much Sir,
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 February 2024 You are welcome...
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