How to fill itr3 for stock trading income

ITR 587 views 2 replies

Hi,

I have intraday profit from shares and commodities trading of 167220 in FY 2017-18 before brokerage and other charges charged by broker and exchange.

How to show this in ITR 3? Can i opt to file ITR4 for same?

If i have to show same in ITR 3 please inform how i shall fill the form and what nature of business i shall select?

Please explain the same in detail as i am getting panicked for same as i am getting mixed and loose responses from every one.

Thanks in advance. 

 

Replies (2)

intraday trading taxable @ 30% flat 

Originally posted by : NAVEEN CHAND
intraday trading taxable @ 30% flat 

could you let me know under which section this 30% flat rate becomes applicable to intraday trading?


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