Comment on Classifying Your Market Activity

Davinder kumar commented on 17 Nov 2018, 01:09 PM

Dear sir i am doing swing trading where I can get delivery of stock and hold it for 7-20 days and then sell it after stock price moves upwards to 5%.

And I am do it 20 times in a month or I buy and sell 20 times a stock.

So my question is can i A trader or invester

So in the case above I have to pay STCG or show it as non-speculative business income while filling my taxes.

As I am doing 20-30 transactions a month and take delivery and sell after 7 days in this case I am invester or trader…kindly help me. Thanks.

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