INTRADAY ITR 2

Dear All,

Please educate to me I have invested Rs. 1 Lacs in stock Market through delivery. but I did one intraday Transcation Small amount Purchase Rs.540/-Sale Rs.480/- loss Rs.40/- so can I show all transactions include intraday in ITR2. we don't have any business income.income source only interest from. FD and Salary. so please suggest accordingly.
Replies (9)
Quick Summary
This discussion clarifies whether small intraday trading transactions, even with a loss, need to be declared in Income Tax Return (ITR) form 2. The consensus is that while it's not strictly necessary for very small amounts, you can declare it under Short-Term Capital Gains (STCG). This approach is unlikely to attract queries from the Income Tax Department, especially when your primary income sources are salary and Fixed Deposits.

Post income details
It is not suggestable but you can show it under STCG.
Dear mem, it's single entry Transcation. can we face any query noitce from income tax department if we can show in ITR2.
No notice will be issued
Thank you Rashmi Mem,
Welcome Dear.
Small transaction within 1 lac is not taxable if it is long term
@ Sabyasachi Drink one cup of 🍵 ☕️ 🫖
Sabyasachi mukherjee query is already resolved.

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