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Income tax on share trading income in india

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 December 2017 what is the tax liability for indian citizens on share trading income both from intra day and on delivery basis trades. thanks.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
28 December 2017 1. Income from both type of trading attracts income tax under the head PFBP.

2. Income from delivery based comes under 'normal business' and intra day trading comes under 'speculative business'..

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