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Whether Intraday trade is Speculative

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(Querist)
16 December 2010 Dear all

Whether Intraday Share trading is Speculative Income or Business Income
There are Different openion on this kindly clariffy
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
16 December 2010 It is speculative business income as per Section 43(5).

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