Share day trading
This query is : Resolved
26 July 2023
Sir/Madam,
Where to show Share intra day trading profit/loss in ITR because it is not his business income, so where to show it
Where to show Share intra day trading profit/loss in ITR because it is not his business income, so where to show it
26 July 2023
Regular trading of Intraday transaction needs to be declared under Business income. In case of very few transactions, one may declare the profits under Schedule OS.
26 July 2023
Thanks Sir,
Not regular but few transactions, but in other sources where to show..in other income..?
Not regular but few transactions, but in other sources where to show..in other income..?
26 July 2023
Yes, under other income, specify the nature of income.
26 July 2023
Thanks a lot Sir for always being a great help..
Message likes :
1 times
26 July 2023
You are welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Is Aadhar PAN linking required for opening bank account?
- Form 26QB for TDS on property
- Residential status for filling income tax returns in India
- Whether still royalty
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- Partnership Business Can start India (two partners one is Indian and OCI both are wife and Husband)
- Appeals vs Writ court -certain doubt
- Withholding tax applicabikity for foreign paymenttowqards physio therapy treatment
- Input credit reversal for the FY2023-24
- Regarding Form 15CA & CB
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
