a person engaged in sales and and purchases of share through brokers and income from sales of shares treated as busniss income.
then while filling ITR form what should be the nature of business.
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Nature of business in ITR form
Replies (1)
Since no specific head available related to trading in stock market, one can show nature of business under code “09028- Retail sale of other products n.e.c”. You should not be using 13015 which comes under "Financial Inter-mediation Services" as you are not providing a service as Stock brokers, sub-brokers and related activities.
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