How to report intraday and F&O income?

Income Tax Income from Business or Profession
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How to treat the intra day turnover ? How to treat the F&O turnover ?

2

Hi @sarath_chand

Your income from intraday trading will be categorised as speculative business and that from F&O trading will be treated as non-speculative business income.

I’ve written about this in detail here. Do give it a read.