Short sale
This query is : Resolved
Amol S Joglekar
(Expert)
25 November 2012
under speculative income.
Amol S Joglekar
(Expert)
26 November 2012
Investor may not go for short sale. He/she has the avenue to short FUTURE in that case.
28 November 2012
one of my friend in employment. He has some short sale of shares in the market, whether profit/loss from short sale will be charged under speculation business income?
please mention computation mechanism...
please mention computation mechanism...
Amol S Joglekar
(Expert)
28 November 2012
Yes, the same shall go to SPECULATION income. Add it under income from other sources if you are using itr2.
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