Share trading book keeping p&l account and balance sheet

Does anyone do intraday trading in stocks?
What are the books that you keep?
How do you prepare accounting statements for filing ITR 3?
Replies (2)
Quick Summary
This discussion focuses on the bookkeeping and accounting requirements for individuals involved in stock trading, particularly for filing Income Tax Return (ITR) 3. It addresses how to manage profit and loss accounts and balance sheets, distinguishing between speculative income from intraday trading, capital gains from delivery trading, and normal business income from options. The thread also touches upon compiling contract notes or generating tax reports for accurate tax filing.

Equity Intraday : Speculative Income
Equity Delivery : Capital Gain

Options : Normal business income

ITR - 3 is applicable for individuals

Contract notes can be compiled or you can also generate tax report from the website
Read the question properly.you don't do intraday trading nor do you file ITR 3 nor can you draw up accounting statements so why reply?

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