clarification regarding short term capital gains on intraday trading

[pasha]

Thanks Ashish, appreciate the clarifications.

 

[aca_trader]

Thanks Ashish, appreciate the clarifications.

Always a pleasure, Mate!

 

[kavathiya]

day trading should be short term capital gain and should be taxed at @10%

 

[omkarmango]

My demand is, Loss in day trading should be subsidised by government.

 

[omkarmango]

I just thought I should support fellow member.

 

[rajinvestor]

But who will decide & how that its buisiness income or investment income?

 

[suresh9928]

Hi Ashish, if i got the business income say rs. 4 lakhs, from share ( derivatives ) , what deductions , depressions are allowed ? like phone bill, furniture purchasing, computer, purchasing 2 wheeler, & what rate ?. what are the clauses if i have house without any loan but use for business ? Regards !