Huf can trade in futures& options and commodity
This query is : Open
08 January 2012
Hi Frnds,
I had just created a huf account i want to know can huf trade in futures& options segment and commodity segment,if yes then if there is profit ,what is tax implications of the same ,whether it is short term capital gain or income from business pls help me
reg
Rahul
I had just created a huf account i want to know can huf trade in futures& options segment and commodity segment,if yes then if there is profit ,what is tax implications of the same ,whether it is short term capital gain or income from business pls help me
reg
Rahul
08 January 2012
HUF can trade in F&O. The resulting profit (remote chances) will be Business Income.
.
Help from our side :
You should not go for F&O.
.
Help from our side :
You should not go for F&O.
10 January 2012
parasji thnks for your advice and abt commodities if profit then income wil consider as business income or speculative
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