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Trdading in securities and derivatives

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(Querist)
11 March 2009 Hello all.
If a person is carrying on the business of share trading regularly should it be taxed under Profits and gains from business or profession or under the head capital gains?
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
11 March 2009 If trading & F $ O then Income from Business $ if trading on delivery based then capital gains
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
12 March 2009 Pl read the issue raised in http://www.taxworry.com/2008/12/how-to-judge-if-any-share-transaction.html
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