Comment on Classifying Your Market Activity

Nitin commented on 07 Oct 2018, 08:29 PM

Hi sir,
i only do intraday, and the profits are below 2,50,000 rs and don’t have any other income,
1) so which category do i fall in STCG or speculative business income?
2) suppose the equity profits goes more than 2,50,000 rs , then do i have to pay taxes as per STCG which is 15% or speculative business income which is 10%?

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