What's the guideline for Income from Stock derivatives? Is it:
1. Short term capital gain
2. Income from Speculation
3. Income from Buisness
Which ITR needs to be filed for the same.
Thanks
kkjain (Executive) (32 Points)
17 July 2011What's the guideline for Income from Stock derivatives? Is it:
1. Short term capital gain
2. Income from Speculation
3. Income from Buisness
Which ITR needs to be filed for the same.
Thanks
Sachin Agarwal
(Senior Lecturer)
(47 Points)
Replied 17 July 2011
this is treated as non speculative business income.
as far as I understand u should file ITR 4