Head of income

C.A. Sandeep Wawhal (CA, PGDFM, BCom) (1831 Points)

04 July 2018

Friends,

In which catagory shall we taxed short selling of shares. ??

Reply
Follow
Share

7 Replies

KOUSHAL JAIN (Chartered Accountant) (471 Points)
Replied 04 July 2018

Short Term Capital Gain

1 Like

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 04 July 2018

CAPITAL GAIN >> STCG

1 Like

C.A. Sandeep Wawhal (CA, PGDFM, BCom) (1831 Points)
Replied 04 July 2018

What if, it is square off on the same day ?

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 04 July 2018

STCG IN SPECULATIVE BUSINESS AND LOSS CAN ONLY BE SETOFF AGST SPECULATIVE BUSINESS

1 Like

KOUSHAL JAIN (Chartered Accountant) (471 Points)
Replied 04 July 2018

Intraday Trading Loss or Profit Taxable under PGBP Head as Speculative Business Loss or Profit

1 Like

Sanjai B (78 Points)
Replied 05 July 2018

short term capital gains.. stt paid also be taxable

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 05 July 2018

Originally posted by : Sanjai B
	short term capital gains.. stt paid also be taxable

yes still taxable

Start a New Discussion