capital gain on share/misc trading activity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 April 2010
how to compute CG for share trade/futures/currency/bullion trade?
is it of speculative nature?
is it of speculative nature?
15 April 2010
YES IT IS SPECULATIVE NATURE. HENCE IT IS YOUR BUSINESS INCOME AND NOT CAPITAL GAIN.
COST OF PURCHASE-SALES REALISATION=PROFIT/(LOSS)
COST OF PURCHASE-SALES REALISATION=PROFIT/(LOSS)
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