Reporting Intra Day Trade Profits in ITR

Income Tax Income from Business or Profession
1

  1. I have made some profit from Intra Day share trading. In which Schedule of ITR should this be reported? Somebody told me to enter it against Item 65 but I could not locate Item 65 in any of the Schedules of ITR. Please guide.

  2. Should Intra day trade profit be treated as speculative business?

2

Hey @nayakd1,

Yes, intraday trading is considered a speculative business. The detailed process to report it is mentioned in this blog: