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Tax implications on Intraday trading of shares
if a person has income from Intraday trading of shares as well as other income like salary ,house property,capital gain whould his income be taxable as bussniess income or income from other sources?income from Intraday trading whould be net of profit or loss for the whole year?which ITR to be filled and is it to be shown under income from speculative bussniess?
Replies (3)
ITR 2 applicable for u
u have to show this in head income from other sources
sir it whould be taxable as income from other sources or bussniess income?net of profit and loss is to be shown frm Intraday trading of shares for the whole year?
it is taxable in the head of business and profession
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