Intraday equity taxation

[Jenny_Benz]

Which form do I need to fill for Intraday equity profit? (not F&O)
ITR1 or ITR3?

[ShubhS9]

This should help you

how is intraday income taxed for a salaried person

Hello, Intraday Trading is buying and selling of stock on the same day. The trader squares off the trade on the same trading day and does not take actual delivery. For Income Tax purposes, the intention is considered to earn profits from the fluctuations in prices. Therefore Intraday Trading of Equity is taken to be a Speculative Business, and it should be reported under Income from Business & Profession in ITR 3. Find out which ITR form to file using this Know your ITR Form tool.