Comment on Taxation for Traders - Introduction

Adarsh commented on 27 Nov 2016, 05:56 PM

Hello, I’m Adarsh, 19 years old and I’m an engineering student. If I start trading now, will I have to pay income tax? I don’t have any income since I’m a student and I haven’t used/submitted my PAN card till date for any transactions or bank accounts. Also, since it is almost the end of the year, if I start this month (or before Dec 31,2016), will I have to complete tax forms and such stuff and pay this year’s tax? RSVP ASAP.

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