STCG taxation for the FY 22-23

Income Tax Income from Capital Gains
1

In the FY 22-23, I have an STCG of 3.63 lac rupees. I also have an intraday income of 1K and intraday turnover of 1.08K. I have no salary income. Will I get the facility of deducting 2.5 lac rupees as basic exemption from my STCG?
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2

Hi @sponline

Intraday trading is considered a speculative business income. STCG is considered Income from Capital Gains.
The 2.5 lakhs exemption is available on your total income. Hence, you will be able to claim the same even if you don’t have any salary income.

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