Derivative
This query is : Resolved
14 December 2013
Whether intraday tranaactions to be treated as speculative if the business of the assessee is trading in shares and derivatives transactions
CA PARAS BAFNA
(Expert)
15 December 2013
INTRADAY TRANSACTIONS IN SHARES IS TREATED AS SPECULATIVE AS THESE TAKES PLACE WITHOUT ACTUAL DELIVERY. SECTION 43(5)
.
DERIVATIVE TRANSACTIONS TAKING PLACE IN RECOGNISED STOCK EXCHANGES ARE NORMAL BUSINESS TRANSACTIONS.
.
INTRADAY DERIVATIVE TRANSACTIONS AARE ALSO TAKING PLACE IN RECOGNISED STOCK EXCHANGES SO THESE ARE NORMAL BUSINESS TRANSACTIONS.
SECTION 43(5)(d).
.
.
DERIVATIVE TRANSACTIONS TAKING PLACE IN RECOGNISED STOCK EXCHANGES ARE NORMAL BUSINESS TRANSACTIONS.
.
INTRADAY DERIVATIVE TRANSACTIONS AARE ALSO TAKING PLACE IN RECOGNISED STOCK EXCHANGES SO THESE ARE NORMAL BUSINESS TRANSACTIONS.
SECTION 43(5)(d).
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
