Taxation of Short Term Equity Shares
This query is : Resolved
05 July 2021
Will the gains or loss arising from short term equity shares shall be taxed under the head Capital gain or business income if one is involved in trading in derivative segment and the transaction in short term equity is frequent ??
CA R SEETHARAMAN
(Expert)
05 July 2021
The gains or loss arising from short term equity shares shall be taxed under the head Capital gain. Trading in derivatives is business income.
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