Comment on Taxation for Traders - Introduction

Phoenix commented on 25 Mar 2015, 12:18 PM

hi Nithin sir,
correct me if i am interpreting it wrong.
If one is trading intraday equity, then it’s advisable to declare himself as a ‘Trader’….am i right ?

If he declares himself as trader, then won’t longterm+short term come under business and need to be considered while calculating turnover and profits criteria ?

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