Upgrad LLM

taxation on intra and delivery trades


I was student during 2009-2010 but I use to trade on exchange. Even if I think me the lucky person, I haven't made profit more then 10000.

Just for calculation:
Interest on bank deposits :5000
Earnings from stock exchange trades:10000 (intraday & delivery trades)
No other Income.

In this case, do I need to pay any tax?
 
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Being a major n no other income, you are not liable to tax.
 
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Being a major n no other income, you are not liable to tax.
 
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It means if the total income is in tax free amount slab then it does not attract any tax liability. Right?
 
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Proprietor

GET YOUR INCOME TAX RETURN FILED ONLY IF YOU GET INCOME TAX NOTICE IN FUTURE AND NEED NOT TO PAY ANY TAX

OR

SIMPLY GIVE A COMPUTATION SHEET

 
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