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treatment of share profit

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29 January 2008 i have large no of transactions regarding shares during the years.In other words i m doing business in shares. i just want to know whether i should calculate LTCG & STCG separately or should take all profit as business income without calculating LTCG & STCG seperately.Whether we can treat securties transaction Tax as TDS in any of above two situations.Plz send me the ans at my email ID medjdj786@gmail.com

04 March 2008 As ur dealing in shares, the profit shall be taken to be the business income.STT is not a TDS.



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