intra day profit or short term capital gain..
This query is : Resolved
08 June 2017
i have 10 no of shares of xyz ltd. i sold them on early morning qt the profit of rs 20.per share. in the closing time share price drop 50 per share so i bought it again 10 shares.
now my question is this that this profit on my shares is intra day profit or short term capital gain..??
Nikhil Kaushik
(Expert)
08 June 2017
intraday ie speculative gains...........
CA Rashmi Gandhi
(Expert)
08 June 2017
Such type of income is speculation income.
Dhirajlal Rambhia
(Expert)
20 October 2021
Being single transaction, you can take is as STCG also.
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