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Speculative & short term gain

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18 February 2015 On 10/02/2014 I was holding 100 shares of ICICI Bank. On 11/02/2014 I purchased another 100 shares of ICICI Bank and sold the same on 11/02/2014 @ Rs.500 profit. Whether profit earned will be treated as speculative gain or short term gain.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 February 2015 It is treated as speculative gain(sold on the same day of buying).
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
18 February 2015 it is speculative gain only...............
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