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speculativ income
difference between speculative trading income and short term capital gain on equity trading. and it effect on tax return
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Intraday trading without affecting delivery of shares is a speculative business... assessed under 'PGBP'
While stocks bought for investment for some time period, taking delivery in demate account, when held for less than 12 months give rise to ST capital gain/loss and are (generally) assessed under Capital Gains.
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