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STT paid and Not-STT paid have different taxation rate, so you have to handle each case separately.įor example: Lets say you have Short Term STT paid share sale, then you need to create one entry in Short Term STT Paid Shares: Share trading falls in 4 separate categories: If you have share trading activity and you want to declare that under the head "Income from Capital Gain", you can specify just the aggregate Capital Gain / Loss value of the whole financial year. Need to file an ITR-3 and show the Profit / Loss from the share trading under the head "Income from Business and Profession". if you are a day trader with lots of activity or if you trade regularly in Futures and Options), the Income Tax Department classifies this as a Business Activity. If you have a lot of share trading activity (e.g.
