What will be taxable amount in trading.

Shailu

Active Member
#1
Hello friends,
suppose any one buy 1 kg gold and sell it than total
turnover is more than 54-55 lac and profit is only 1000 rs than plz tell me in which thing is taxable turnover or profit.

Second question is how much% of tax is cut in intraday trading or very small scale trading 5-7 days trading range.