Intra day trading of shares will come under speculation or business

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

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Quick Summary
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.

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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