Income tax liability for penny income

Income Tax
1

With reference to actual real provisions of the income tax act and current news or amendments sort

  1. do Ihave to file a itr for intraday trading profits not more than 10000 rs from stock market also even though my total income doesn’t exceed 1lac rs being me a student
  2. if I initial enter into stock market today first time no prior stock market transactions and generate profits intraday from today
2

Hey @Khushal ,

If you have made sale of shares whether through intraday or delivery trades, it is recommended to file your ITR even if the total income is below ₹3L for FY 24-25 (basic exemption limit under new regime).