suppose my INTRADAY/SPECULATIVE PROFIT is 10000 and Total charges is 7000 (brokerage,stt,etc)
do i show 3000(10000-7000) or 10000 for filing return
10k is ur profit & 7k is ur. Expense.
Show that way.
Remember the golden rule of tax filing is never to hold back any info. Even inadvertently!