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short selling profit taxable ? please clear

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(Querist)
13 June 2007 Respected sir,

If we trade intra day trading in stock market, how the tax responsibility is applicable on its profit ?

Tell me Is there any limititaton of turnover for individual in intra day trading ?

Manish
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Sanjeev Mittal

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Sanjeev Mittal (Expert)
14 June 2007 Seculative Profit taxable under PGBP

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