banner_ad

How should profit and loss from BTST trade be reported ?

Tax queries 744 views 3 replies

How should profit and loss from BTST trade be reported ?  (BTST = Buy today sell tomorrow)

My broker has left out couple of BTST trades from the statement sent to AIS.

Total value of the BTST transaction (one leg) is around 16 lakhs. Remaining delivery trades as per AIS statement is around 7 lakhs (one leg) 

Should it be reported in Schedule CG or included in intraday profit and loss ?

Replies (3)

IF NO DELIVERY TAKEN, TREAT IT AS INTRADAY TRADING ONLY.

Ok got it. Thank you.

When shares are bought it is credited on the same day in demat account. therfore u get the delivery. therfore it is short term capital gain.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details