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put & call option sale & purchase

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(Querist)
27 February 2009 Please tell me name of taxable head ,if any gain or loss in dealing in put & call option by an individual.

Thanks


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S.K.GUPTA
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CA.MANOJ LAMBA

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CA.MANOJ LAMBA (Expert)
03 March 2009 business & profession head
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CA Tirth Ajani

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CA Tirth Ajani (Expert)
05 March 2009 for a normal investee it will be capital gains. but if its your business than under the head business and profession.



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SATYENDRA KR. GUPTA

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SATYENDRA KR. GUPTA (Querist)
18 March 2009 Thanks Sir


JAI HO

S.K.GUPTA

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