Derivatives
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 August 2012
Trading in derivatives is considered as capital gains or business income
Amol S Joglekar
(Expert)
02 August 2012
Volume of transaction will always give the upper hand to the assessing officer to sort out the query. No confusion so far as its speculative nature is concerned. in either case the tax treatment is same.
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