Intra day trading of shares will come under speculation or business

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iiiii
32 Points Posted on 30 April 2022

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

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On 30 April 2022 at 13:37 Report
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This discussion explores whether intraday share trading is considered speculation or business for tax purposes. It highlights that since there's no actual delivery of stocks to a demat account, it may fall under speculative business. The advice points to using ITR-3 for reporting speculation profits or losses.

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140 Points Posted on 30 April 2022
Speculation since here there is no actual delivery of stocks into demat account ...refer 43(5) section of income tax act
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On 30 April 2022 at 15:24
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CFO- at NHTF
58280 Points Posted on 30 April 2022
Speculative business.You have to select ITR-3 only for speculation profits/loss
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On 30 April 2022 at 22:23

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