how to represent intraday trading ?
Rishab Arora (47 Points)
09 August 2018
is that filling intraday trading (speculative income) possible to represent in itr2 if yes then how???
Rishab Arora (47 Points)
09 August 2018
Pranjali
(intern)
(2216 Points)
Replied 09 August 2018
Yes, you can represent speculative income in the ITR 2 in the capital gain column .
Vaishnavi Ganesh
(Chartered Accountant)
(861 Points)
Replied 09 August 2018
Intra-day will be a speculative business income u/s 43(5), So it has to be treated as Profits & Gains from Business and Profession. So it cannot be filed in ITR-2
Advocate Durgesh Paliwal
(consultant)
(69 Points)
Replied 13 August 2018
according to me it consider under business and profession
Vaishnavi Ganesh
(Chartered Accountant)
(861 Points)
Replied 19 August 2018
| Originally posted by : Rishab Arora | ||
 |
If there is loss of ₹300 . |  |
Prepare a Profit & Loss account and file under PGBP.
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