how to show share trading income or loss entry in ITR??
Under which head to show??
up to what limit if entry not shown than no problem ??
8 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 May 2017
Show it in income from business & profession.
NITINBHAI PATEL
(B.Com)
(192 Points)
Replied 28 May 2017
short term capital gain is applicable for it???
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 May 2017
Yes you can show cumulative profit not each & every entry
NITINBHAI PATEL
(B.Com)
(192 Points)
Replied 28 May 2017
profit on sale of investment securities. ...i can show income....am i right???
NITINBHAI PATEL
(B.Com)
(192 Points)
Replied 28 May 2017
and if loss in share trading than its need to show it???
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 28 May 2017
Profit on sale is shown as income & loss is also required to show if u want to carry forwqrd such loss in next year.
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