Equity trading - business / capital gain

Dear, if u are trading in cash segment and trading without delivery of shares(i.e.on same day)  than it is income from business (speculation), however if you are taking delivery than it wil constitute short or long term, depending on period of holding.

And if you are dealing in futures & options, it will constitute Income from business.

The ghain loss from intrday transactions are Business Gain/loss and the gains from Interday transactions are STCG/LTCG.

Use this excel sheet 

PS - Exel file for Share gains calculation...

Thankyou for reply, CA Saurabh and Saurabh;

I usually take delivery of shares in cash and sell them after a day or two. 

Infact I also have Commission Income from another profession. So, I thought I can file ITR 4 for share trading and show the Commission earned as other income in Equity trading business. As I have loss this year, I can carry forward the loss (net of Income from Comission) for next 8 years under ITR. Correct me if wrong. 

My only point is, should I show Equity trading as business loss (net of Commission) or show it as Short Term Capital Loss.

Please help.