INTRA DAY TRADE- SPECULATIVE OR NONSPECULATIVE

HI ALL

I wanna know that in case of intra day trade of securities, the profit or loss arising from the same is a speculative transaction or a non speculative transaction under the head business & profession . also the same case for F&O also.....

Regards

Replies (2)

Hi..

Thats a good question to debate..

But as per departmental views intraday is your speculative transaction &  F&O is a pure business income..

= speculative transaction

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