Profit on sale & purchase of shares, commodities and derivatives

soniya Patil (Accounts Manager) (54 Points)

19 June 2015  

One of my client has trading account for shares,commodity and derivatives.His broker has given separate ledger for transactions related to all three securities.

whether any profit arising from all three will be treated as capital gain or business income.

can we get deduction of Expenditure related to same ?