TRADING PROFIT


This query is : Resolved 

Quick Summary
If you've made a profit from share trading in the last financial year, it's considered taxable income. This applies even if the amount seems small. Specifically, if you engaged in day trading, this profit needs to be declared on your individual tax return.

09 August 2021 i am doing trading (in shares) and having profit of rs 11841 in last f.y , so weather i have to pay tax on that and where to show in IT individual return

09 August 2021 Do you have taxable income.
Is it day trading or delivery based trading.

10 August 2021 YES IT IS TAXABLE INCOME AND IT IS NOMINAL , IT IS DAY TRADING


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details