HELLO FRIENDS, MY CLENT IS A SHOPKEEPER DURING THE PREVIOUS YEAR HE DOES THE SHARE TRADING AND HE HAS THE STATEMENT OF KAOTAK SECURITIES WHICH SHOWS HIS POSITION
TOTAL PURCHASE VALUE 35,00,000
TOTAL SALES VALUE 36,50,000
PROFIT -1,50,000
I AM LITTLE BIT CONFUSED IN ITR WHAT I SHOW, IS THIS A SHORT TERM CAPITAL GAIN OR BUSINESS.
PLS. HELP ME
THANKS.
CAclubindia
