IF I EARN 1000 PER DAY INCLUDING COMMISSION AND TAX, AFTER DEDUCTING THE EXPENSES BALANCE X 20 DAYS APPROX DO BUSINESS MEANS 1000-300=700 X26X12 =218600 ,
CAN I ADD DIRECTLY MY AS OTHER SOUCE INCOME OR NEED TO CALCULATE FOR THIS 218600 X 20%?
THEN THE OTHER INCOME (salary 350000/-) calculate separate?
Intraday trading is speculative business, as such assessed under head PGBP.
SSGS and Associates
Chennai
CA Inter
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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CAclubindia
