Share income for huf

A K Jain (Businessman ) (23 Points)

11 May 2016  

Hi.

A HUF has income only from trading of shares.

Both inter-day and intra-day.

Now the total profit from these transactions is 2,12,000/-

Out of which STCG is 144200, and from Same-DAy trading is 67800.

Please advice if the entire amount is exempt as it is below 2.5 lacs or does it have to pay 15% tax on 67800 for speculative income?

 

Thanks