Suppose a salaried employee earn profit from trading of shares . So how will it show in itr 2?capital gain or other sources? what is the better way. assessee does not have full details of profit of share trading.
thanks in advance
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treatment of income from share trading
Replies (4)
generally broker vl provide the statement of trading.....from such statement bifurcate short term and long term sales.....thus calculate gains and enter it under the head CG
Can we allow STT, ST,GST, Interest, brokerage etc while arriving STCG/LTCG (as the case may be)??
as per my view.......yes u can allow it as an expenditure.........
bit confused w.r.t. STT and ST/GST.. can we allow these too??
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