Important Keyword: F&O Trading, Intraday, Sharekhan, Speculative Income, Trading Income.
Table of Contents
Open a trading account online on Sharekhan
You can open a Sharekhan account completely online. Stock markets have recently transitioned from an open outcry system to an electronic system. A trading account serves as an investment account that holds your cash or securities electronically and allows you to buy or sell these securities in the stock market. Stock traders use online trading platforms to trade various instruments such as shares, securities, commodities, and currencies. For income tax purposes, earnings from Equity Intraday, Equity Futures & Options (F&O), Commodity Trading, and Currency Trading are considered Business Income.
Steps to open a trading account online on Sharekhan
- Visit the website
Click on Open an account.
You can access it here. - Click on Open trading account
As seen below: - After that, fill in your details
Including:
-Name
-Email id
-Mobile number
-Location
-Pincode - Next, click on Open trading account
As seen below: - Online process of account opening is completed
Finally, the process is offline from here. - A sales representative will shortly contact you
After that, will require documents such as:
-Self-attested PAN
-Self-attested Aadhaar
-Passport size photo
-Canceled cheque or bank passbook to link with your account - Finally, once your documents get processed, your account will get activated.
You will receive a notification for the same.
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Official Income Tax Return filing website: https://incometaxindia.gov.in/