TMI BlogTaxation on Share TradingX X X X Extracts X X X X X X X X Extracts X X X X ..... In share trading , in case most or all of the trades of an individual are short-term in nature (meaning the shares were sold before completion of one year after purchase) , after the threshold of what ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... amount of turnover , can the income tax authorities deem the profit earned from such trades as Business Income ? Or , is it that , because the individual has traded in his own assets (shares) only ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , irrespective of whatever turnover he does , he can always show the profit earned from such trades as Capital Gains in his Income Tax returns ? Also , how would the income tax authorities deem su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch such profits as (meaning Capital Gains or Business Income ) , based on size of turnover , in case most or all of the trades are long term in nature (meaning the shares have been sold after having b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... een held for a period of more than one year) ? Also, how would the profits be taxed in case they were earned from trading in unlisted shares ? - Taxation on Share Trading - Query Started By: - Ji ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gnesh Desai Dated:- 21-11-2020 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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