Incorporation of firm for trading in derivatives
This query is : Resolved
21 September 2009
Is it possible to form a Partnership Firm to trade in derivatives in stocks, commodities & currencies and for dealing in other types of capital market instrument??
What are the legal & tax issues involved in this??
What are the legal & tax issues involved in this??
Guest
Guest
(Expert)
21 September 2009
The partnership firm can trade into Derivatives & others.
There is no bar on that.
The legal issue: RBI Act, SEBI Act, SCRA Act, Depositories Act, etc. are to be covered.
The tax will be Service Tax.
There is no bar on that.
The legal issue: RBI Act, SEBI Act, SCRA Act, Depositories Act, etc. are to be covered.
The tax will be Service Tax.
03 October 2009
Thank you for your reply
can a partnership for trading in capital market instruments accept funds from private parties? What are the ways of accepting funds from private parties by partnership funds?
can a partnership for trading in capital market instruments accept funds from private parties? What are the ways of accepting funds from private parties by partnership funds?
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