Comment on Quarterly settlement of funds & securities
commented on
19 Dec 2016, 12:14 PM
Would this overnight fund buying mean that it will be considered speculative buying and hence, one may be classified as Trader instead of investor?
A person who does not deal in F&O or day trading would NOT like such a thing to happen automatically as it can lead to liability in terms of filing ITR4 vs ITR1/ITR2.
Could you please clarify?