F & O Trading

This query is : Resolved 

05 August 2008 Sir,
one of my client is doing f & o tdg. I would like to know f & o tdg is comes under stcg or business income.If the same is to be treated as business income then explain me throughly accounting entries or is there any farmat available.Can we maintain f & o in excel as we are doing in stcg.Pls explain by giving example.

regards,
Anjan S Mehta

05 August 2008 it is a speculative business.


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