I am a salaried person (private). I do share intraday trading only (No derivatives or delivery trades). I have queries regarding whether I need to file my trading income or not. Below are my incomes and turnovers
Salary income is 900000
Taxable income from salary post deduction- 550000
Trading turnover(Absolute profit + Absolute loss)= 30000
Loss from trading = -5000
Now how much should i file tax for trading? What is the limit? If I need to declare it, what will be added to my taxable income?
Thanks in advance.