Comment on Classifying Your Market Activity

Nithin Kamath commented on 28 Jul 2015, 04:36 AM

Saravana, like I have mentioned in the chapter above, there is no such fixed number of trades to consider low or high. But a general rule to follow is that if trading is your primary business, then best to consider it as non-speculative business income. If trading is not your primary source of income, even if number of trades is a little higher, you can still show it under STCG. But best to consult your CA once.

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