Menu
Taxability on shares
I have investments in unlisted shares and listed(STT paid)shares,I have made LTCG & STCG from both types of shares. As I am regular in investments, I might hold few shares only for a day and sometimes for years too. So can I claim any of these as a business income and claim related expenses to that?? or Let me know how can i disclose these?
Thanks in adavance
Replies (1)
In case of investor, investment in shares will be considered as speculation business & allowable expenses relating to speculation business can be claimed.
Recent Topics :
- Utilising Section 54(F) for capital gains reinvest
- GST ewaybill closure and Bill to ship to GST numbe
- TDS ON PARNTER INTEREST
- Share important chapters of ca inter costing
- Free CA Foundation Study Material - PYQs with Sugg
- INCOME TAX
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
Related Topics :
CAclubindia
