Intraday income

266 views 4 replies

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?

Replies (4)
Intraday income should be accounted under the head Capital gains not under other income

Intraday trading is speculative business, as such assessed under head PGBP.

Intraday income will be charged to tax under the head speculative business and not under capital gains
Try visit telegram and search @ SpTechTrade or visit web t.me/sptechtrade

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details