Intraday gain/loss on buy/sale of shares

Dear sir,

Intraday trading is without any delivery which means it's a speculation income. It has to be taxed under the head business and profession.

Tax will be payable based on the threshold limit for individual.

If you are satisfied, kindly drop email to capravin87 @ gmail.com 

Thanks for your reply. It seems the reply is incomplete. If you give in detail I will be able to understand. Moreover, I would like to mention that I had incurred a loss of a ₹6000 only in the last fin.yr.  In that cade, is it necessary to audit my account. Expecting your reply with thanks.