Intraday
This query is : Resolved
18 January 2017
If an assesse had purchased & sold shares on the same day,
then whether it will be taxable as speculative business
or
as STCG 111A?
Please quote section no. also
Thanx in advance.
18 January 2017
It is a speculative transaction as per section 43(5) of IT Act.
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