banner_ad

Regarding tax on trading in share

Others 375 views 6 replies

Hello, suppose one person earning 10 lakh in a year and paying their income tax as per tax slabs and supoose person start trading and earn 500000 lakh in a year as a ptofit then how tax calculation will be done.

Is 1500000 lakh count as a income and and tax accordingly

Or

We should to pay 15% of 500000 lakh as tax for trading and for 10 lakh as per income tax slab

Replies (6)
First you need to bifurcate

Equity Delivery, Equity Intraday, F & O.

Equity Delivery: Gains comes under capital gains ( 15% on short term and 10% on long term in excess of 1lac)

Equity Intraday trading: Speculative income : Tax as per slab rates

F & O : Normal business :Tax will be as per slab rates

Sir doing short term trading....mean to say they count 15 lakh as my income & tax accordingly

Equity Delivery or Intraday trading?
I think equity only
Tax will be 15% on 5Lacs under section 111A irrespective of your regular tax slab..

It's a special rate of 15% even though your income is above 10Lacs
OK accepted


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details