Comment on Taxation Simplified

Nithin Kamath commented on 04 Feb 2013, 08:28 AM

Hi Anamika,

1. Yes the choice of your ITR forms itself tells about if you are a trader or investor.
2. A person who is doing BTST trading is not really an investor, he has to consider himself a trader. As a trader, the profits from BTST becomes business income.
3. There is no different rules for intraday f&O or overnight f&O.
4. Your assumptions are correct.

yes we are putting up a blog on book keeping and should be up soon.

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