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Share trading in f&o

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Suraj Jain (Querist)
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26 September 2015 my friend doing share trading and he made 40 lakhs turnover in this year in future & Option. whether he is levied with capital gain tax for this year if he got profit?� If yes in which slab and will it is treated as income from Business or Profeesion head?

Suraj Jain (Querist)
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26 September 2015 please guide

Suraj Jain (Querist)
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26 September 2015 OK.. got the answer . plz close this query

Aisha (Querist)
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26 September 2015 email admin to close the query

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