S S Dahale ( Agri and business) (439 Points)
27 August 2016Is Income - profit or loss in intra day trading ( with less margin money involved) is to be shown as plain business income or loss or speculative business income or loss , if that is so , Is income -profit or loss in F & O (with less margin money involved ) is to be shown as specualtive income or loss or business income or loss.
S A RAJU
(ACCOUNTANT)
(57 Points)
Replied 27 August 2016
S S Dahale
( Agri and business)
(439 Points)
Replied 27 August 2016
compare it with postions taken in F and O segment , will it ( F & O ) be business income / loss or speculative income / loss
imkdm
(Student)
(107 Points)
Replied 27 August 2016
Intra Day Share Trading = Speculative income / Loss
F&O Trading (futures and options)(intra or positional)= Normal jncome / loss
CAclubindia
