01 August 2017
Sir, My friend is getting salary from Trust, also doing Business as well as full time intra day future & options trader, which ITR to use
03 August 2017
Since it is intraday trading it may be appropriate to take it as loss from speculative business. Typically if there is history of trades without delivery, or trading with selling first and then buying, the department is inclined to consider it as a speculative business.
CAclubindia
