If I enters into delivery trading and sale the shares within 5-10 days and do this process again and again.
Should I have to offer profit of 8% on my total sale value of shares ?
PS: Margin in share trading is barely 2-3%.
Dear Sir,
To decide the correct head for taxation, we first need to decide whether this us your business income or capital gain.
Based on the same, we can decide the taxation rates.
For more information kindly drop email to psandac @ gmail.com
CAclubindia
