Under which head share market income comes?


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Querist : Anonymous

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Querist : Anonymous (Querist)
09 April 2018 Respect Sir/Madam

If we earn amount from Share market . In which head we should calculate in ITR?

Thanking You

09 April 2018 1. Day trading and derivatives under Income from speculative business.
2. If securities are treated as investment than under "Capital Gain"
3. If treated as business - Income from Business and profession

09 April 2018 dear Suresh Ji,

please note that derivatives don't come under speculative business.


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Querist : Anonymous

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Querist : Anonymous (Querist)
10 April 2018 Speculative Business Means.........Please inform me

11 April 2018 a transaction of purchase or sale of a commodity including stocks and shares settled otherwise than by actual delivery or transfer of the commodity or scrip is a speculative transaction

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 April 2018 Thanks for information sir

11 April 2018 and therefore speculative transactions don't include derivatives


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