Shares investment

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viken (Querist)
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10 June 2014 I m trying to make account for year 2009-2012 . Transaction type is shares : delivery based, F&O and short selling and intra day . --) is short selling and f&O transactions are speculative ?? --) if I have 500 shares of abc ltd purchased on 10-4-2009 . If I bought 100 shares again on 12-4-2009 and sold 200 shares on same day, what quantum is intra day and what is normal?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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10 June 2014 1. short selling is speculative

2. F&O trade is not speculative (refer section 43(5)

3. practically there will be only 100 sold delivery in this case. The remaining 100 is the speculative part.

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