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Head of income

Tax queries 290 views 7 replies

Friends,

In which catagory shall we taxed short selling of shares. ??

Replies (7)

Short Term Capital Gain

CAPITAL GAIN >> STCG 

What if, it is square off on the same day ?

STCG IN SPECULATIVE BUSINESS AND LOSS CAN ONLY BE SETOFF AGST SPECULATIVE BUSINESS 

Intraday Trading Loss or Profit Taxable under PGBP Head as Speculative Business Loss or Profit
short term capital gains.. stt paid also be taxable
Originally posted by : Sanjai B
short term capital gains.. stt paid also be taxable

yes still taxable 


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