i have done a intraday trade in Silver bees on every day, i am planed to show that a a business income in ITR, now i am confused that is it a speculative or non-speculative
Since Silver Bees is an ETF traded like a share,intraday trades are treated as speculative income under the Income Tax Act (Sec 43(5)).
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Hello @David
Intraday trading income in case of Silver ETF is treated as business income and it would be classified as Speculative business income.
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