Capital gain on profit from futures and options

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03 November 2011 What is the treatment of profit/loss on derived from futures and options.

03 November 2011 The profit or loss is treated as normal Business Income.

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 November 2011 under which section of it act

03 November 2011 It will be profit from capital gain if it is not main activity of assessee.
otherwise it will be considered as business and profession.

03 November 2011 Please Refer Section 43(5)(d) and Explanation.


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