Comment on Classifying Your Market Activity

Sai Kiran commented on 07 Jun 2016, 05:13 AM

I am salaried person. I have not yet started investing in stocks directly(only in MF). I don’t intend to do Intraday trades. If I do Delivery based and F&O, then all the trades done through Delivery should be considered as Capital Gains(Short and Long term), whereas any F&0 trade has to declared as business income. Am I right..?
Only issue would be with STCG, if the frequency is more and holding duration is less, then it should be considered as business income.. Am I right..?

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