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Future and Option loss is 1) speculative 2) CG 3) B&P ???

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 January 2011 hello

if any one have future and option loss then which head of income tax put... as a speculation income or capital gain or business and profession.

plz explain me future and option concept basic so i understand.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
27 January 2011 Business & profession.
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27 January 2011 Business Income
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