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(Querist)
27 September 2016 1) Whether the F& O Transactions are Consider as Speculative Business ???
2) Whether Currency(Like USD Purchase & Sale) Transactions are Consider as Speculative Business ???

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 September 2016 1 F&O transactions are not speculative transactions.
2 Purchase and sale of USD is not a speculative business.

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