Intraday Trading Gains treatment as STCG or Business

Hello,  Please guide if  the profit made in Intraday Trading needs to be shown as STCGain or as separate Business Income in my ITR.3.    Also if interest paid under Margin Trading Fund to the service provider, can be adjusted with such Intraday Trading profit.  Thanks n regards

Replies (2)
Quick Summary
This discussion clarifies the tax treatment of intraday trading profits. It confirms that profits from intraday trading are generally considered speculative business income, not short-term capital gains (STCG). Furthermore, it addresses whether interest paid on margin trading facilities can be offset against these trading profits, confirming its deductibility.

1. Intraday trading comes under speculative business income.

2. Yes, claimable.

 

It can be claimed

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