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Speculative Income


How to show Speculative Loss (Intra Day stock) in Income Tax Return in Following Scenario
for eg Total of Sale Values say more than 1 Cr. and say Total Purchase values 1.02 Cr and NET Loss 2 Lakh
how to prepare Profit & loss Account in these Scenario. which Amount on Credit side & Debit side ?


Rs.2 lakh on Debit side.


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