1) Suppose, a person has Short term capital loss of Rs. 8 lacs and speculation income from day trading of shares is of Rs. 2 lacs then how the tax is computed? at what tax rate?
2) Which ITR is to be used?
3) Instead of short term capitla loss, had it been short term capital gain of Rs. 8 lacs from shares and speculation income from day trading of shares is of Rs. 2 lacs then how the tax is computed?at what tax rate?
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