❓ Question#general
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Trading Wolf
Trader · · 441 views
How do you handle taxes on trading profits in India?
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I am making some profits now and am confused about the tax treatment. Is trading income taxed as capital gains or business income?
Smart Money · ICT · Price Action
Trading Wolf
Trader · · 441 views
Wolf Cub
Trader · 15 days ago
If you are a frequent intraday trader, SEBI classifies it as speculative business income — taxed as per your slab.
Market Hawk
Trader · 15 days ago
Please consult a CA who specialises in trading taxation. The rules are specific and penalties for misclassification are high.
Market Hawk
Trader · 15 days ago
For F&O trading it is always non-speculative business income. You can deduct expenses like brokerage and software subscriptions.