Income from share trading as business income

Akshay K S (Asst. Manager) (28 Points)

27 July 2022  

Hi,

One of my clients, an NRI, has STCG from share trading. For filing the ITR can the taxpayer show his income as business income? If yes, How should the taxpayer disclose his income?

Also whether he should maintain books of account and what are all the mandatory compliances to be followed for the future?

 

Thanks in advance!