Tax Return
by charandeep singh on Jul 07, 2008 07:22 PM Permalink | Hide replies

IF any body can tell me whether I have to pay for Intra-Day share trading? What if some one has beared loss in shares?

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RE:Tax Return
by ranjish haridas on Jul 07, 2008 10:38 PM Permalink
hmm actually it becomes business income only if ur inclined 2 tht field...as in ur a share trader and u don hav any other job...or else it comes up as capital gains 4 u....and capital gains cud b said as net profit..ie ur profit - losses...!!

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RE:Tax Return
by ritesh sharma on Jul 07, 2008 07:51 PM Permalink
It is Seculation profit. Loss from such activity can be offset only from such income. It is business income

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