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Intra day trading of shares will come under speculation or business

Secondary Mkt 224 views 2 replies

Need to know more about Intra day trading of shares will come under speculation or business.

Replies (2)
Speculation since here there is no actual delivery of stocks into demat account ...refer 43(5) section of income tax act
Speculative business.You have to select ITR-3 only for speculation profits/loss


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