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Kirtan A Shah |77 Answers |Ask -Follow

MF Expert, Financial Planner - Answered on Jul 03, 2023

Kirtan A Shah is a certified financial planner and managing director, private wealth, at Credence Family Office.
He is also a Certified International Wealth Manager and Financial Engineering and Risk Manager.
Shah is the co-author of Financial Service Management and Financial Market Operations, which are used as reference books for Mumbai University.
He is frequently seen on CNBC, Zee Business, ET NOW & BQ Prime as an expert guest.... more

Question by Vardhaman on Jul 01, 2023Hindi

Money

Sir if I purchase a share today and sell it on same day - intra day then it will be business income

Ans: Depends if you do this regularly or occasionally. If you do this regularly its a business income. or else it can be termed as short term capital gains

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Sir if I buy a share today and sell it tomorrow in 1 day or 2 days or 5 days at a nominal profit and do this on a regular basis then it will be treated as short term capital gain or business income

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Thnx sir. The only clarification I need is, whether the stcg die to sell of Shares is not fall in category of business income. What is the definition of business income, sir?

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CaN you list the nit in order for selection to cse group. Is trichi not in top list

Ans: Hello dear.
It would be an injustice for the brand NIT to list them in descending order. Yet some people try to order. Here is the order of NIT for the CSE branch:
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Sir I got 97.148 %ile and I am from OBC NCL category can i get a decent branch in any tier 1 NITs

Ans: Hello dear.
With a score of 97.148 %tile and OBC-NCL category, chances are there to get admission to one of the NITs but low chances to get into tier 1 NITs.

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Sir I got 97.148 %ile and I am from OBC NCL category can i get a decent branch in any tier 1 NITs

Ans: Hello dear.
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Sir I got 96 percentile in jee mains 2025 ..I belong to jharkhand Can I get nit jamshedpur civil engineering.... Also I am a obc ncl candidate...

Ans: Congratulations on securing a 96 percentile in JEE Main 2025.
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I don't want to do engineering but my parents are forcing me to do so what should I do?

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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