My client trade intraday business, can I add straight away his profit /loss at the end of the year as Other source income? If Loss is there any limitations? His total income from intraday business less than 10 lakhs.
please advise.
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Intraday share market income
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This should be considered as Speculative business income, and Balance sheet and profit and loss account should be annexed for the same.
thanks. one more it was f&o commodity trade.
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