Comment on Taxation for Traders - Introduction

Nithin Kamath commented on 28 Apr 2015, 08:25 PM

1. ITR4 (because you run a business/shop).
2. Show your delivery trading under capital gains. Show intraday as speculative business.
3. For capital gains, selling value of the stock is the turnover. But since you are showing this as capital gain and not business, turnover is not required to be mentioned. You have to show turnover of you business income only.

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