Itr .….......

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Ecstasyvio (Querist)
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17 January 2026 Whether share trading profits of INR 1 LAC in STT paid and STT not paid all in listed stocks can be shown as business income in ITR. I m trading since 5 year's I m a trader.

Dhirajlal Rambhia online

Dhirajlal Rambhia online

(Expert)
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17 January 2026 According to CBDT Circular No. 6/2016, taxpayers have the option to treat listed shares as "stock-in-trade," meaning the resulting profit is classified as business income rather than capital gains.
Consistency: Once you choose to treat listed shares as business income for a particular financial year, you must follow this approach consistently in subsequent years.
Trading Activity: Your intent to earn profit through frequent transactions (as a "trader") supports this classification, even for delivery-based trades where STT is typically paid.

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