Query for share trading tax details

Tax queries 326 views 1 replies

Respected sir,

 
Kindly guide me on the following:-
 
1. Income/Loss from the INTRADAY share trading.
 
2. Short term capital gain/loss from share trading.
 
3. CAN THE ABOVE TWO BE CLUBBED.
Replies (1)

intraday profit/ loss will go as soeculation income and will be taxed under business and profession

STCG/STCG is taxable under Capital Gains. STCG is charged at 15% of the gains is sold on a stock exchange


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