Income tax on day trading

I am a student and pursuing mba, hence not working. I have a trading account and do day trading on a daily basis. So do I have to file tax returns on my trading? Thanks

Replies (1)
intra day trading is considered as speculation business...so it will b added to total income.... if your net total income does not exceed the basic exemption limit of Rs.180000 then no need to file your retuns...

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