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shares stocks

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(Querist)
15 April 2008 i like to know whether income from shares on day trading is STCG ? And which ITR (no.) i will have to fill. Plz tell me both aspects of it,i.e yes or no.

thnx in advance.
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Jitender

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Jitender (Expert)
15 April 2008 it's income u/h speculation business & ITR-4 will be used.
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
16 April 2008 Yes ITR 4 is applicable
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