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....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Rent lease agreement
- Relief u/s Section 89
- REGARDING SECTION 44AE
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
