Comment on Quarterly settlement of funds & securities

Siddharth Jain commented on 19 Dec 2016, 12:14 PM

Would this overnight fund buying mean that it will be considered speculative buying and hence, one may be classified as Trader instead of investor?
A person who does not deal in F&O or day trading would NOT like such a thing to happen automatically as it can lead to liability in terms of filing ITR4 vs ITR1/ITR2.

Could you please clarify?

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