INCOME TAX SHARE TRANSACTION


This query is : Resolved 

Quick Summary
This discussion clarifies the reporting requirements for share transactions in an income tax return for individuals with salary income. It confirms that you don't need to report every single transaction individually. Instead, you should report the total capital gains and speculative income for the financial year.

08 October 2020 Dear Sirs,
should each and every transaction regarding shares (Short Term Capital Gain and Speculation Income)
show transaction wise in income tax return for a person having salary income and share transaction?


08 October 2020 No need of transaction wise reporting required. For the financial Year capital gains and speculative income to be reported.

15 December 2020 THANKS A LOT SIR FOR YOUR REPLY


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