Allowed & Disallowed expenses- Intraday trade

If anyone having a list of allowed & disallowed expenses for Intraday trade,
please attach the same.
Replies (2)
Quick Summary
This discussion clarifies which expenses are permissible for intraday trading. It highlights that any costs incidental to running the business are generally allowable. Specifically for intraday trading, the net buy price is considered an allowed expense.

Amy expenses incidental for running his business is allowable expenses.
Intraday trading is a specification business, so the net buy price shall be the allowed expense.

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