Intraday trading income

what are the expenses to be allowed while dealing speculation income from intra day trading
Replies (3)
Quick Summary
This discussion clarifies which expenses are allowable when calculating income from intraday trading. Generally, all costs listed on your contract note or broker's invoice, such as broker commission, telephone expenses, and STT, can be deducted. This helps reduce your taxable profit from speculative income.

Broker commission, telephone expenses, STT, or other incidental charges related to the intraday trading. I'm leaving the details in your inbox in case if you require any help.

CA Aakarsh Jain
ca.ajaakarshjain16 @ gmail.com
All expenses appearing in the contract note can allowed as exp including cost

All expenses appearing in the broker's invoice to you, is allowed

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