Kindly tell me that Income from trading of shares in NSC should be considered as capital Gain or Speculation business?
Assessee has a DEMAT account and had done a lot of transactions through it.
1 Replies
CA Siddhartha Bhardwaj
(Proprietor at Siddhartha Bhardwaj & Associates Chartered Accountants)
(33456 Points)
Replied 01 June 2012
Intra day trading will be speculation income and delivery based trading will be capital gain.
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
