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Speulative income: other sources or business income

This query is : Resolved 

12 July 2013 Intra Day Trading in Shares without delivery is Speculative Income or Loss, however I have only 5 intra day transactions and the number of transaction in shares are not too high. So can this Income from intra day trading be considered as Income from other sources rather than Speculative Business Income under the head Profit and Gains from Business and Profession. Accordingly no need to file ITR 4

12 July 2013 It is speculative income .file itr4

12 July 2013 It is not income from other source rather income from speculative business.

U need to file itr 4.




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