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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.
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Should Intra day trade profit be treated as speculative business?
Hey @nayakd1,
Yes, intraday trading is considered a speculative business. The detailed process to report it is mentioned in this blog: