Taxability of income

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taxpracticing
269 Points Posted on 04 December 2020
can income from share can be shown as income head of other source ...
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On 04 December 2020 at 21:51 Report
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This discussion clarifies the tax treatment of income earned from shares. It explores whether such income should be classified under 'Other Sources' or 'Capital Gains'. The correct classification depends on the nature of your share trading activities, with intraday trading often falling under speculative business income.

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Tax consultant
5895 Points Posted on 05 December 2020
Capital gain
or you doing intraday then speculative business
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On 05 December 2020 at 01:09
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Accountant
3662 Points Posted on 06 December 2020
Which type of share income earned by you ?

Different treatment of share income in Income Tax as per trading type
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On 06 December 2020 at 02:07

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