Tax on intraday trading of Shares
This query is : Resolved
Rajesh2345
(Querist)
15 July 2023
Hi,
My income from all sources is way below the taxable limit under new tax regime.
If I do intraday trading, and if the speculative profit I earn too is below the taxable limit after adding all the income sources then will the speculative income is tax free?
Thanks
My income from all sources is way below the taxable limit under new tax regime.
If I do intraday trading, and if the speculative profit I earn too is below the taxable limit after adding all the income sources then will the speculative income is tax free?
Thanks
CA R SEETHARAMAN
(Expert)
15 July 2023
After adding all the income including speculative profit if income is below taxable limit it's tax free.
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