SLBM income - stock market (SLBM - Securities Lending and Borrowing)
This query is : Resolved
12 August 2025
Dear Sir/Madam,
If client has earned income form SLBM - Securities Lending and Borrowing then under which income head it is taxable ? and at what rate of tax?
Thanks and Regards,
Pratik N Patel
If client has earned income form SLBM - Securities Lending and Borrowing then under which income head it is taxable ? and at what rate of tax?
Thanks and Regards,
Pratik N Patel
12 August 2025
Such income is taxed under “Income from Other Sources”, if the client is not trading in shares as a business. This applies to most individual investors.
Alternatively, if the client is in the business of trading securities, it can be treated as “Business Income”.
The income is taxed at the applicable slab rate as per the total income of the individual.
Alternatively, if the client is in the business of trading securities, it can be treated as “Business Income”.
The income is taxed at the applicable slab rate as per the total income of the individual.
23 September 2025
Good luck....
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