Income Tax Advice

Taxation
1

I have recently started intraday trading with the money received from my parents , about 1.5 lakhs, my own personal income is 0/- since currently I am a student,

So, I was concerned if I have personal zero income and do trading at high volumes using my parents money and file the same , Is this fine w.r.t income tax department?

@Quicko

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If you are trading under your PAN you will have to file taxes in your name as intraday is considered business income. It does not matter from whom you take the money for trading.

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Intraday as a speculative business

I hope this above link can clear all your doubts.

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