Comment on Classifying Your Market Activity

Saravana Perumal Durai Pandiyan commented on 27 Jul 2015, 05:03 PM

Thank you for your instant reply Nithin.

“Equity holdings between 1 day to 1 year with low frequency of trades is considered Short term capital gain (STCG), else in case of high frequency of trades it should be considered as non-speculative business income”.

One more doubt in the above statement. Equity holdings between 1 day to 1 year trading with Low frequency & High frequency means how many day or duration. Could you please explain the correct days or duration for (Low & High).

Thanks in Advance.

View the full comment thread »