share trading
This query is : Resolved
amandeep nain
(Querist)
03 January 2017
Can CA in practice do trading in shares in his own name??
Sandeep Dharar
(Expert)
03 January 2017
Of course he can do it, if its for investment purpose.
amandeep nain
(Querist)
03 January 2017
Sir can he do intra day trading also?
amandeep nain
(Querist)
16 January 2017
Please anyone will reply my query??
25 July 2025
Here's a quick rundown based on your query about a CA in practice doing share trading:
Q: Can a CA in practice trade shares in his own name?
A: Yes, absolutely. A CA can trade shares in their own name, especially if it is for investment purposes.
Q: Can a CA do intra-day trading as well?
A: There's no restriction specifically preventing a CA from doing intra-day trading in their personal capacity. However, intra-day trading is considered speculative business income and comes with more risk and tax implications.
Additional notes:
If the CA is trading for investment (long-term holding), it is treated as capital gains and taxed accordingly.
Intra-day trading is treated as business income from speculation and needs proper accounting and reporting.
The CA should ensure compliance with ethical standards and disclose any conflicts of interest if trading on behalf of clients or related parties.
If the CA has a firm or company, the firm’s constitution may have some guidelines or restrictions, but personally, the CA can trade.
Q: Can a CA in practice trade shares in his own name?
A: Yes, absolutely. A CA can trade shares in their own name, especially if it is for investment purposes.
Q: Can a CA do intra-day trading as well?
A: There's no restriction specifically preventing a CA from doing intra-day trading in their personal capacity. However, intra-day trading is considered speculative business income and comes with more risk and tax implications.
Additional notes:
If the CA is trading for investment (long-term holding), it is treated as capital gains and taxed accordingly.
Intra-day trading is treated as business income from speculation and needs proper accounting and reporting.
The CA should ensure compliance with ethical standards and disclose any conflicts of interest if trading on behalf of clients or related parties.
If the CA has a firm or company, the firm’s constitution may have some guidelines or restrictions, but personally, the CA can trade.
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