Currency derivative income
This query is : Resolved
01 September 2011
I Got Two question Please help me.
1)Currency Derivative income is Business income or it is Speculation income.?
2.)Can Currency Derivative Loss can be set off against commodity trading profit?
1)Currency Derivative income is Business income or it is Speculation income.?
2.)Can Currency Derivative Loss can be set off against commodity trading profit?
Aditya Maheshwari
(Expert)
01 September 2011
1. currency income normal business income
2. yes it can be set off but vice versa not possible.
2. yes it can be set off but vice versa not possible.
03 September 2011
I agree with the expert
Aditya Maheshwari
(Expert)
03 September 2011
Thanks you sir for your agreement.
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